define national income , per capita income or development
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National income:
National income is the total income earned in a nation by the people of that particular nation.
Per capita income:
Also known as per capita income,is defined as total income of the country divided by total population of that country.
World Bank uses average income to measure countries.
Development:
Development is a comprehensive term which includes increase in real per capita income ,improvement in living standards of people,reduction of poverty ,illiteracy,crime rate,etc.
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National income is the total income earned in a nation by the people of that particular nation.
Per capita income:
Also known as per capita income,is defined as total income of the country divided by total population of that country.
World Bank uses average income to measure countries.
Development:
Development is a comprehensive term which includes increase in real per capita income ,improvement in living standards of people,reduction of poverty ,illiteracy,crime rate,etc.
Hope it helps u...
Please mark it as brainliest...
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Answer:
national income is nothing but the total salary of the nation
per capita income it the
total income of the country
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total population of the country
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