what is per capital income ? why is it not considered as the best indicators to measure actule development.

Social Studies

1 answer:

Inessa05 [86]3 years ago

7 0

Answer:

Per capita income is a measure of the amount of money earned per person in a nation or geographic region.

Per capita income is an average and this average may not represent the standard of living of the people, if the increased national income goes to the few rich instead of giving to the many poor. Thus unless national income is evenly distributed, per capita income cannot serve as a satisfactory indicator of development.

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what is per capital income ? why is it not considered as the best indicators to measure actule development.​

what is per capital income ? why is it not considered as the best indicators to measure actule development.