Question

Why Average income is more appropriate criteria to compare the development of different countries​

Answer 1

Answer:

We use averages because they are useful for comparing differing quantities of the same category. For example, to compute the per capita income of a country, averages have to be used because there are differences in the incomes of diverse people. Average income is an important criterion for development because: Average income tells us about the total income of the country divided by total population of the country. Average income ,also known as per capita income ,tells us about the actual earning of an individual.