Question 8 of 31intermediate💡 UnderstandShort Answer3 marks

Why do you think average income is an important criterion for development? Explain.

Correct Answer

Average income is an important criterion for development because, when comparing countries, income is considered to be one of the most important attributes. Countries with higher income are generally considered more developed than others with less income.

This is based on the understanding that more income means more of all things that human beings need. Whatever people like and should have, they will be able to get with greater income. Therefore, greater income itself is considered to be one important goal.

Exercise: LET’S WORK THESE OUT | Q: 2 | (Page 8)
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Explanation

The answer is derived directly from the textbook context under the section discussing why income is important for comparison. It highlights that income allows people to access things they need and like, making it a primary goal for development. The student answer format follows the word count and paragraph constraints.