Suppose records show that the average income in a country has been increasing over a period of time. From this, can we conclude that all sections of the economy have become better? Illustrate your answer with an example.

An increase in a country’s average income over time doesn’t guarantee improvement across all sections of the economy. For instance, imagine a country where the average income rises due to significant salary increments in technology-related jobs.
However, jobs in agriculture or small-scale industries might not experience similar growth. This means that while some sectors or professions witness better incomes, others might remain unchanged or grow at a slower rate. Therefore, although the average income increases, it doesn’t ensure that all segments of the economy have improved equally.