Why is 'income' a measure of development?

1.	Why is 'income' a measure of development?
Answer» Answer: The INCREASE in per capita income is a good measure of economic development. In the ADVANCED COUNTRIES, per capita income has been on continuous increases because the growth rate of NATIONAL income is greater than the growth rate of POPULATION.

Answer»

Answer:

The INCREASE in per capita income is a good measure of economic development. In the ADVANCED COUNTRIES, per capita income has been on continuous increases because the growth rate of NATIONAL income is greater than the growth rate of POPULATION.

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Why is 'income' a measure of development?

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