Question

Does high per capita income indicate high level of development? Explain.
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Answer 1

Answer:

Dividing GDP/GNP by the total population one gets per capita GDP/GNP. Conventionally, per capita income is used as an index of development. ... Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality.

Answer 2

Answer:

Yes

Explanation:

High rate of GDP i.e. high capita per person is a good indicator of high development.

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