Economy, asked by rupalisingh65486, 1 year ago

What do you mean by national income?Why do different people have different notions of development? (5 mks question)

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Answered by ishansh2807
1

Answer:

Definition: National Income refers to the money value of all the goods and services produced in a country during a financial year. In other words, the final outcome of all the economic activities of the nation during a period of one year, valued in terms of money is called as a National income.

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