What is Per Capita Income? Why is it not the best indicator to measure actual development? Development

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asked Jun 7, 2021 183k views

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Skary · Answer 1 · 2021-06-12T16:45:06+0000

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Per Capita Income is not an adequate indicator of economic development for the following reasons : It is an average amount of the total income which means it can't show the actual income status of a country

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What is Per Capita Income? Why is it not the best indicator to measure actual development? Development

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What is Per Capita Income? Why is it not the best indicator to measure actual development? Development