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Based on data given in Table, calculate the average income for both the countries. Comparison of Two Countries Will you be equally happy to live in both these countries? Are both equally developed?

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प्रश्न

Based on data given in Table, calculate the average income for both the countries.

Comparison of Two Countries

Country Monthly incomes of citizens
(in Rupees)
I II III IV V Average
Country A 9500 10500 9800 10000 10200  
Country B 500 500 500 500 500  

Will you be equally happy to live in both these countries? Are both equally developed?

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उत्तर

Calculation of Average Income

Country A:

Total Income = 9500 + 10500 + 9800 + 10000 + 10200

= 50000

Average Income = `50000/5`

= ₹ 10,000

Country B:

Total Income = 500 + 500 + 500 + 500 + 500

= 2500

Average Income = `25005/5`

= ₹ 500

No, I will not be equally satisfied with both. No, both countries are not equally developed. Country A ensures an equitable distribution of its wealth. Its residents live comfortably, with stable and equal earnings. Country B, on the other hand, suffers from widespread and severe poverty. This example demonstrates that averages conceal actual wealth distribution. Equal averages don't imply equal welfare for citizens. True development requires both equity and economic prosperity. Thus, Country A is significantly more developed and desirable.

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अध्याय 1: Development - Intext Questions [पृष्ठ ९]

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एनसीईआरटी Social Science Understanding Economic Development [English] Class 10
अध्याय 1 Development
Intext Questions | Q 10. | पृष्ठ ९
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