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प्रश्न
Why NNP is not considered as a useful measure to compare a country’s development with other countries?
टिप्पणी लिखिए
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उत्तर
- For comparison between countries' development, total income or the national income is not a useful measure.
- Since countries have different populations, comparing total income will not tell us what an average person is likely to earn.
- Hence we compare average income which is also called per capita income.
- Now the economical have realized that investment in human capital.
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संबंधित प्रश्न
For comparing development between countries, their ________ is considered to be one of the most important attributes.
The ________ income is also called per capita income.
Sex-ratio means.
_______ resources are those which will get exhausted after years of use.
Economic progress of any country is known as ______________.
Match the following
| 1. Development | Wild life Protection Act |
| 2. Human resource | Renewable resources |
| 3. Solar energy | Part of daily life |
| 4. 1972 | Education |
What do you mean by development?
Expand the PPP.
Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
the economy.
Reason (R): By adoption of new technologies.
This is also known as National Income.
