Economy, asked by abhijeetchauha2394, 1 year ago

Why is the total income of a country not taken as a criteria to measure development of a country?

Answers

Answered by Anonymous
0
Heya....

Total income of a country can't be taken as a criteria to measure development of a country because...

*** It doesn't show what the actual composition of income is....

*** May be possible that only primary sector is contributing in income but it is not the sign of growth...

** Per capita income doesn't show by total income....
Answered by Ajeesha15
0
★✩ ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ..

\color{red}{Total Income} is not used to make comparison between the countries because different countries have \underline\color{blue}{different \:populations.} Comparing with Total Income will not tell us what an average person is likely to earn.

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