How per capita income is used to measure development?
plizzz can u do this.
Answers
Answered by
1
Per capita income is average income ,it is measured by total income of country by total no of population in a country ,
The countries with percapita income of US$12616 per annum and above in 2012 are called rich countries
And country with income of 1035$ or less called as low income countries
India comes in low middle income countries beacouse its per capita income is just 1530$
Similar questions