Economy, asked by vanshsharma136pama6a, 10 months ago

besides the size of per capita income,what other property of income is important in comparing two or more societies

Answers

Answered by snehaguptarsr
224

Answer:

Explanation:

Besides the per capita income more equitable distribution of income should be considered as one of the other property of income to compare two or more socities this is because per capita income mainly hides the disparities in the socities as it mainly convey the average income earned by a person

Answered by seemaupadhyay97205
221

Explanation:

1. Another property of comparing societies on the bases of income can be more Equitable Distribution of Income.

2. A poor society with more Equitable Distribution of Income is far more well off than a rich country with equal distribution.

3. This is the greatest limitation of PCI that it hides the internal disparities and destroy the link between the poor and the rich.

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