why is income considered as the most important goal in development?
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Icome is considered as most important goal in development because through income can live a standard life , by income they fulfill all the desire which help the country in development
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1》In a traditional method of computing the economic development, income is considered important.
2》Based on the assumption that a higher income will result in higher disposable income for the people to get access to main utilities of life and some luxury goods as well.
3》The higher the income, the better it is for an individual to consume more.
4》This is the reason that higher income is considered an important goal.
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