how does the development of a country determined
Answers
Basically, Development of a country is measured or determined by the per capita income of the country. Development involves other factors as well like health, education etc. but the main factor on which the development of a specific country is determined is the measuring of the average income of that country which is also called per capita income.
=> Countries which have per capita income of US $ 12276 or more are in the year of 2010 are considered to be the rich countries.
=> Countries with per capita income of US $ 1005 or less in the year of 2010 are considered to be the poor countries.
If we see our country (India) then It stands at the mid of the rich and poor countries as It has per capita income of US $ 1340.4 in the year of 2010 so it is called the low middle income country.