Millennials are simply not that alarmed by the idea of socialism. For instance, a national Reason-Rupe survey found that 53 percent of 18- to 29-year-olds view socialism favorably, compared to only a quarter of Americans over 55.
In India, the Average Daily Real Wage Rate refers to the overall average wage that a worker gets per day at 1960 prices, in the manufacturing sector.ages In Manufacturing in India decreased to 6.25 INR/Day in 2013 from 6.55 INR/Day in 2012.
Once they have the total wage bill for each country, they add them all together and divide by the total number of earners in the world. That gives you the answer-the world's average salary is $1,480 (Â£928) a month, which is just less than $18,000 (Â£11,291) a year.