Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6
Banner 7
Banner 8
Banner 9

Q.

Countries with higher income are ____ than others with less income.


see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.
An Intiative by Sri Chaitanya

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

Detailed Solution

Countries with higher income are considered more developed than others with less income. While comparing countries based on development, income is regarded as one of the main factors facilitating the comparison. Therefore, a country with more income is viewed as more developed since more income implies that its citizens can meet their individual needs or developmental goals. A country's income is its national income, i.e., the total incomes of all the citizens of that country. However, national income is not a reliable measure of comparison since it is affected by a country's population. Thus, to eliminate the effect on people, we use average income or per capita income, which is the total national income of a country divided by its population.
 
Watch 3-min video & get full concept clarity
score_test_img

courses

No courses found

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

best study material, now at your finger tips!

  • promsvg

    live classes

  • promsvg

    progress tracking

  • promsvg

    24x7 mentored guidance

  • promsvg

    study plan analysis

download the app

gplay
mentor

Download the App

gplay
whats app icon
personalised 1:1 online tutoring