Question

Why do you think average income is an important criterion for development? Explain.
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Answer 1

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.

Answer 2

Explanation:

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 requirementand 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.