Give any three drawbacks of ‘per capita income’ as a tool for measuring development of nations.
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7
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Per capita income as an indicator of development has the following limitations:
Per capita income does not reflect the standard of living of the people. ...
If per capita income is the measurement, the population problem may becancealed, since population has already been divided out.
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2
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with the help of gross national income and human development index.
Hope it's helpful.
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