Question

Besides size of per capita income, what other property of income is important in comparing two or more societies?

Answer 1

Per capita income or average income is useful for comparing two or more countries, but it does not provide information on how the revenue is distributed among the country’s citizens. As a result, in addition to measuring per capita income, comparing two or more countries requires an equal distribution of income. Lifetime educational level, equality of treatment, expansion of health facilities, and availability of public facilities, among other factors, are key aspects to consider when comparing two or more countries.