Social Sciences, asked by neeleshkirarji81381, 6 months ago

How do national income and per capital income serve as an indicators of development

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Answered by Anonymous

Answer:

Per Capita Income as a Growth Indicator : Dividing GDP/GNP by the total population one gets per capita GDP/GNP. Conventionally, per capita income is used as an index of development. Economic development involves something more than economic growth.

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