Why is the total income of a country not taken as a criteria to measure development of a country?
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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....
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....
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★✩ ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ..
is not used to make comparison between the countries because different countries have Comparing with Total Income will not tell us what an average person is likely to earn.
❤HOPE IT HELPS YOU❤
ッ
is not used to make comparison between the countries because different countries have Comparing with Total Income will not tell us what an average person is likely to earn.
❤HOPE IT HELPS YOU❤
ッ
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