Economy, asked by sushmayadav11976, 11 months ago

why do you think average income is an important Criterion for development ?give three example where an average is used for comparing situations? illutrate with example​

Answers

Answered by rishirajdhar0
5

Answer:

It is an important criterion because it tells us what an average person is likely to earn, and it also gives some insight into the rising living standards but also gives an idea of the number of people sharing it. The average income will be lower if the number of people are more who won't work.

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