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What is the per capital income?why is per capital income not and adequate of a country? explain |
Answer» <html><body><p><strong>Explanation:</strong></p><p></p><h3>4Per Capita <a href="https://interviewquestions.tuteehub.com/tag/income-25499" style="font-weight:bold;" target="_blank" title="Click to know more about INCOME">INCOME</a> is not an adequate indicator of economic development for the following reasons : It is an <a href="https://interviewquestions.tuteehub.com/tag/average-13416" style="font-weight:bold;" target="_blank" title="Click to know more about AVERAGE">AVERAGE</a> amount of the <a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> income which <a href="https://interviewquestions.tuteehub.com/tag/means-1091780" style="font-weight:bold;" target="_blank" title="Click to know more about MEANS">MEANS</a> it can't show the actual income status of a country. It needs other criterion to judge the economic development like literacy <a href="https://interviewquestions.tuteehub.com/tag/rate-1177476" style="font-weight:bold;" target="_blank" title="Click to know more about RATE">RATE</a>..</h3><p></p><p></p><p></p><p></p><h2>Hope its help..</h2></body></html> | |