Economy, asked by sham8268, 1 year ago

Why average income is taken into consideration insteadof total income while comparisonbetween countries?

Answers

Answered by Prince92828
0
It depends on the financial conditions of the company and the position held by the people
Answered by StudentTwin02
0

HI

⭐️ Average income is taken into consideration while making comparisons between countries.

▶️As different countries have different populations, comparing total income does not tell us what an average person is likely to earn.

▶️Hence, total income is not a useful measure for comparing the development of different countries.

Hope it proved to be beneficial....

Similar questions