explain the distinction between low levels of living and low per capita incomes.
Answers
Explanation:
Some women are found begging at signals with children. What advice can be given?
Explanation:
Per capita income of a country is obtained by dividing national income of a country by its population. Low per capita income would be generated if the income is less as compared to the size of population. This is what happens in the developing nations wherein, the availability of skilled labor is less and thus, productivity is low due to which less income is generated in the economy. Low levels of living imply the inability of the population to intake the required calorie count per day. This situation arises due to absolute poverty conditions or low levels of employment. Thus, we can see that the basic difference between low per capita income and low levels of living is that former is a quantitative concept and latter is a quantity one.
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