Social Sciences, asked by prachi989, 2 days ago

Is per Capita income a perfect criteria to check a country's growth? If not, then why? Explain with example.

Answers

Answered by marvaminuva
1

Per capita income is an average and this average may not represent the standard of living of the people, if the increased national income goes to the few rich instead of giving to the many poor. Thus unless national income is evenly distributed, per capita income cannot serve as a satisfactory indicator of development.

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