Examine three demerits of a per capita income method criteria of development
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•It does not indicate the disparities in the distribution of income. E.g. the wide gap between the incomes of extremely rich and very poor people.
•It does not indicate long-term sustainability as non-renewable resources are liable to be exhausted.
•The method of calculating per capita income also varies among countries. This, it is not highly reliable for comparisons.
HOPE IT HELPS!!!:-))
•It does not indicate long-term sustainability as non-renewable resources are liable to be exhausted.
•The method of calculating per capita income also varies among countries. This, it is not highly reliable for comparisons.
HOPE IT HELPS!!!:-))
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