is per capita income a true measure of development? elaborate
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Per capita income can't be a measure to insure development of country . as it only told about country income not other criteria like literacy rate.
I hope it will u,
I hope it will u,
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No , Per capita income is not a true measure of the Development because:- 1) It only tells us about average income not how income is distributed among the people. 2) It only give us an idea of the economic aspect. 3) It is only at the Qualitative basis. 4) Moreover, income is not only the way of development other factors are also as much as important as income.
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