Question

Explain any three limitations of per capita income.

Answer 1

Answer:

per capita income as a metric has limitations that include its inability to accounts for inflammation in coming this party poverty wealth or savings

Answer 2

Limitations :-

(i) Per capital income is the average income of a country.

(ii) Per capital income criteria takes into account only the economic aspect of life and ignores the social, aspect of life.

(iii) Per capita income criteria ignores education, health, life expectancy, sanitation etc.