Explain Per Capita Income ?
ankita121:
per capita income or average income measures the average income earned per person in a given area(city, region, country etc) in a specified area. It is calculated By dividing the area's total income By its total population
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Hey mate !!!
when the total income of a country is divided by total number of population of particular country is known as per capita income.
it is criteria used by World bank for measuring the country whether it is rich or poor.
hope it helps:D
thanks
when the total income of a country is divided by total number of population of particular country is known as per capita income.
it is criteria used by World bank for measuring the country whether it is rich or poor.
hope it helps:D
thanks
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