Question

define national income per , capita income or development

Answer 1

the country 's income is called the national income and the average income of a nation is called per capita income ...it means per head income and development means a progress ....hope it helps

Answer 2

National Income = It is the total value of all the goods and services produced within a country plus the net income from abroad during a year.

Per Capita Income = Per Capita Income is the average income of the people of a country in a definite period.

Development = It is a comprehensive term which includes increase in real per capita income, improvement in living standard of the people, reduction in poverty,etc.