Economy, asked by kaurharpalpamhig, 1 year ago

is per capita income a true measure of development? explain

Answers

Answered by NILABHshivam
1
No it must include improvements of HDI rate
with availability of pure drinking water and sanitation
Answered by ananyajay09
0

Answer:

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.

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