why is income is not only the criteria to achieve the development?
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➤ Answer :-
- Prosperity of a country depends not only on its national income but also on the number of people who would share it.
- In case the number of people is large, the average income will be less.
- Average income, i.e., per capita income is important but not the only criterion for development.
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This is because for comparison there is always required two or more important characteristics. In other words, measuring development in different countries requires not only income but also various other factors that include its population, literacy rate and mortality rate, etc.
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10 thx = 13 thx
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