Economy, asked by loneaadil591, 9 months ago

Why average income is taken into consideration instead of the total income while

making comparison between countries?​

Answers

Answered by Anonymous
0

While comparing two countries average income is taken into consideration and not total income because it helps in determining how much all the peoples income is . In total income we don't know that is there a man earning 90 % of that money or all are earning the same amount .

Explanation:

Example : In India , Mukesh Ambani earns very much and if we take out total income we can't know that all are earning the same or there is a slight difference or a bid difference in the amount earned by an individual . Hope know your doubt is cleared .

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