Per capita income is not enough for measuring economic development? Do

1.	Per capita income is not enough for measuring economic development? Do you agree or not?
Answer» Answer: If national INCOME of a COUNTRY goes up but the per CAPITA income is not INCREASING, that will not raise the living standard of the people. That way, per capita income is a better measure of economic development than the national income. ... In underdeveloped countries, there is very less capacity to produce per HEAD.

Per capita income is not enough for measuring economic development? Do you agree or not?

Answer»

Answer:

If national INCOME of a COUNTRY goes up but the per CAPITA income is not INCREASING, that will not raise the living standard of the people. That way, per capita income is a better measure of economic development than the national income. ... In underdeveloped countries, there is very less capacity to produce per HEAD.

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Per capita income is not enough for measuring economic development? Do you agree or not?

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