Is per capita income a true measure of development ? Elaborate.
CBSE Class X Social Science LA (5 Marks)
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i) Per capita income is the average income. It is income per head of the population per year.
(ii) Per Capita Income = Total income of country/Total population
(iii) It is not an adequate indicator because:
(a) It does not tell us how this income is distributed. Per Capita Income might not be the income of every individual in the state.
(b) Life expectancy and Infant Mortality Rate are other important criteria for measuring development.
(c) Education and literacy level are other indicators of development.
(d) Pollution free environment, less corruption, gender equality etc. are also important.
Hope it helps you ....
(ii) Per Capita Income = Total income of country/Total population
(iii) It is not an adequate indicator because:
(a) It does not tell us how this income is distributed. Per Capita Income might not be the income of every individual in the state.
(b) Life expectancy and Infant Mortality Rate are other important criteria for measuring development.
(c) Education and literacy level are other indicators of development.
(d) Pollution free environment, less corruption, gender equality etc. are also important.
Hope it helps you ....
Answered by
2
Answer:
No, per capita income is not a true measure of development.
Explanation:
The per capita income is not a true measure of development because the per capita income hides the inequalities. the per capita income ignores the income distributions as it considers only total income. It cannot define the differences between the income of the rich and the income of the poor. In this all the incomes of the rich and the poor totaled hence the true situation of the poor is hides in the calculation of the per capita income. In the calculation of the per capita income the major income is of rich peoples.
Hence, from this we can say that per capita income is not a true measure of development.
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