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Mention the limitations of per capita income as indicators of development |
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Answer» Limitations of per capital income as indicator of development are:Per capita income only portrays an average income of the total population of the country.It does not show the actual income of a person.Does not show the real distribution of income. Does not show how many people are rich or becoming richer. The limitations of this report * It considers only income and not other aspects such as literacy,health,life expectancy etc.....* It only tells about income and not how it is distributed among the citizens some may be very rich but the masses may be poor |
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