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Which one of the following is the best criteria to compare different countries on the scale of development?
- a)Income
- b)Social equality
- c)Per Capita income
- d)None of these.
Correct answer is option 'C'. Can you explain this answer?
?
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Which one of the following is the best criteria to compare different c...
Understanding Per Capita Income as a Development Metric
When comparing different countries based on development, the best criterion is often considered to be Per Capita Income. Here’s why it stands out among the other options:
1. Definition of Per Capita Income
- Per Capita Income is the average income earned per person in a given area or country.
- It is calculated by dividing the total income of the country by its population.
2. Economic Indicator
- Per Capita Income provides a clear indication of the economic health of a country.
- It reflects the standard of living and the economic opportunities available to individuals.
3. Comparison Across Countries
- Unlike total income, which can be skewed by a few wealthy individuals, Per Capita Income normalizes data across populations.
- This allows for a fairer comparison between countries with different population sizes.
4. Limitations of Other Criteria
- Income (option a): Total income doesn't account for population size, making it less effective for comparison.
- Social Equality (option b): While crucial, social equality is more qualitative and harder to measure objectively across countries.
- None of these (option d): This option dismisses the value of Per Capita Income, which is widely recognized in economic studies.
5. Conclusion
- Overall, Per Capita Income serves as a robust framework for assessing and comparing the development status of countries.
- It encapsulates both economic performance and living standards, making it a vital tool for policymakers and researchers alike.
When comparing different countries based on development, the best criterion is often considered to be Per Capita Income. Here’s why it stands out among the other options:
1. Definition of Per Capita Income
- Per Capita Income is the average income earned per person in a given area or country.
- It is calculated by dividing the total income of the country by its population.
2. Economic Indicator
- Per Capita Income provides a clear indication of the economic health of a country.
- It reflects the standard of living and the economic opportunities available to individuals.
3. Comparison Across Countries
- Unlike total income, which can be skewed by a few wealthy individuals, Per Capita Income normalizes data across populations.
- This allows for a fairer comparison between countries with different population sizes.
4. Limitations of Other Criteria
- Income (option a): Total income doesn't account for population size, making it less effective for comparison.
- Social Equality (option b): While crucial, social equality is more qualitative and harder to measure objectively across countries.
- None of these (option d): This option dismisses the value of Per Capita Income, which is widely recognized in economic studies.
5. Conclusion
- Overall, Per Capita Income serves as a robust framework for assessing and comparing the development status of countries.
- It encapsulates both economic performance and living standards, making it a vital tool for policymakers and researchers alike.
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Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer?? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer?? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer??.
Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer?? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer?? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following is the best criteria to compare different countries on the scale of development?a)Incomeb)Social equalityc)Per Capita incomed)None of these.Correct answer is option 'C'. Can you explain this answer??.
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