Economy, asked by praneethm865, 25 days ago

Income alone is not a completely adequate measure of development of a country?
Give any reason with regard to this statement?

Answers

Answered by bunnygiggle20
1

Answer:

Per Capita Income is not an adequate indicator of economic development for the following reasons : It is an average amount of the total income which means it can't show the actual income status of a country. ... Health status of the citizen is also another criteria for indicating the economic development.

Similar questions