0
marketing helps to add value in goods and services produce thus an increase in the national output
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How would income and employment increase if farmers were provided with irrigation and marketing facilities?
If the farmers were provided with irrigation and marketing facilities the income and employment would increase to a much greater extent as irrigation would help in raising the produce and marketing would help in its distribution. In this way GDP gets higher and employment also increases as it will require a lot of labor.
What is the importance of national income accounting figures?
1. it help to know economic problem of under developed country 2. it help to measure inflationary 3. national income accounting throw the light on distribution income in economy 4. it help to measure the welfare of the citizens or country by EMMANUEL GASPER MZUMBE UNIVERSITY
Uses of national income?
Uses of National Income Data:- 1:National Income as a measure of economic growth - Estimates of national income at constant prices indicate economic growth of a country. 2:National Income as an indicator of success or failure of planning - If a country has adopted planning as a means of economic growth then national income data can help in assessing the achievements of planning. 3: Useful in estimating per capita income - Per capita income is obtained by dividing national income by total population of the country. 4:Useful in assessing the performance of different production sectors - Production units of a country are broadly classified into primary, secondary and tertiary sectors. These sectors generate factor incomes. The data on factor incomes generated by these sectors can be used to measure their relative contributions to national income. 5:Useful in measuring inequalities in the distribution of income - All individuals so not have the same income. It means national income is unequally distributed among people. The extent of inequality in a country can be measured from the national income data collected through the income distribution methods. 6:Useful in measuring standards of income - The expenditure method reveals consumption expenditure and investment expenditure. If the total consumption expenditure is divided by the total investment expenditure we get per capita consumption expenditure which indicates the average standard of living of the people of the country. 7:Makes international comparisons possible - We can compare the economies of any two countries on the basis of their national income data.
What is difference between Personal income and Private income?
Personal income: -It is the sum total of earned income and transfer incomes received by persons from all sources within and outside the country.Personal income = private income - corporate tax -corporate savings (undistributed profit)Private income: consists of factor income and transfer income received from all sources by private sectors within and outside the country.Source:http://www.transtutors.com/homework-help/macro-economics/measuring-domestic-output-national-income/assessing-economy-performance/other-national-accounts/personal-income/
do your company help low income peoples?
do your company help low income peoples
What was one action that progressive's took to help poor people?
One action that progressives took to hellp poor people is work for a national income tax.
What was one action that Progressives took to help the poor people?
Worked for a national income tax >apex
Advantages of profit-oriented business?
Advantages of Profit oriented Business is that it can Help in Increasing our countries Growth in a faster manner also it helps in increasing income of peoples working with The Organisation it helps in increasing in purchasing power and consumption, it can Help in increasing production and vise varsa Kishor
How would income and employment increase if farmers were provided with irrigation and marketing facilities?
If the farmers were provided with irrigation and marketing facilities the income and employment would increase to a much greater extent as irrigation would help in raising the produce and marketing would help in its distribution. In this way GDP gets higher and employment also increases as it will require a lot of labor.
What was one action progressions took to help poor people?
Progressives worked for a national income tax to help poor people.
What is the importance of national income accounting figures?
1. it help to know economic problem of under developed country 2. it help to measure inflationary 3. national income accounting throw the light on distribution income in economy 4. it help to measure the welfare of the citizens or country by EMMANUEL GASPER MZUMBE UNIVERSITY
Why did progressives want a national income tax?
to help the poor, Progressive reformers called for a constitutional amendment to legalize a graduated income tax.
What was one action the progressives took to help poor people?
Worked for a national income tax
What was one action that progressives took to help poor prople?
Worked for a national income tax >apex
What are the advantage of having a dual income family?
With increasing inflation in economy there is a great need of dual income especially in the case of middle class families. That will help the family to fulfill their needs in an easy manner.
Importance of infrastructure?
Infrastructures are important because it has a direct impact to the society. These help in increasing the productivity of labors and raising the profitability, employment and income of an industry.
Uses of national income?
Uses of National Income Data:- 1:National Income as a measure of economic growth - Estimates of national income at constant prices indicate economic growth of a country. 2:National Income as an indicator of success or failure of planning - If a country has adopted planning as a means of economic growth then national income data can help in assessing the achievements of planning. 3: Useful in estimating per capita income - Per capita income is obtained by dividing national income by total population of the country. 4:Useful in assessing the performance of different production sectors - Production units of a country are broadly classified into primary, secondary and tertiary sectors. These sectors generate factor incomes. The data on factor incomes generated by these sectors can be used to measure their relative contributions to national income. 5:Useful in measuring inequalities in the distribution of income - All individuals so not have the same income. It means national income is unequally distributed among people. The extent of inequality in a country can be measured from the national income data collected through the income distribution methods. 6:Useful in measuring standards of income - The expenditure method reveals consumption expenditure and investment expenditure. If the total consumption expenditure is divided by the total investment expenditure we get per capita consumption expenditure which indicates the average standard of living of the people of the country. 7:Makes international comparisons possible - We can compare the economies of any two countries on the basis of their national income data.
