Economy, asked by rahulrana162005, 9 months ago

why average income is taken into consideration instead of total income while making comparison between countries​

Answers

Answered by LEGEND778
1

Answer:

Average income represents the total income of a country keeping in view of the total population.If the average income is adequate to meet, the basic requirement and other facilities that country is considered developed.More income means more of all things that human beings need. What ever people like and should have, they will be able to get with greater income.       

average income =total income /total population

average income is also known as per capita income

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Explanation:

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