Economy, asked by TonyGujjar, 1 year ago

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

Answers

Answered by reetpal6
3
since countries have different population comparing their total income not tell what a avg person is likely to earn
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....

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