Economy, asked by madthinker, 1 year ago

why average income important criterion fir development

Answers

Answered by MadhuSingg
2
Average income par capita income helps us to know the actual earning of an individual. by this we can estimated the living standard and savings that the individual could make . the indeed a better or good indicator of the citizens of the nation.
Answered by Shweta25New
3
1)The average or per capita income tell us about economic growth of our country.
2)It also decided the economic conditions of a particular person.
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