Economy, asked by karandeepwraich70, 11 months ago

Kerala, with lower per capital income has a better Human Development ranking than Haryana. hence, per capital income is not a useful criterion on at all and should not be used to compare States. do you agree? Discuss. answer write in points​

Answers

Answered by pravinseenu2002
2

Answer

Yeah,because depending on only per capita income is not adviced to compare states.Because several other factors like literacy rate,GDP contribution,productivity,availability of resources,etc are there to be considered.

Answered by Anonymous
1

No, I do not agree with the statement that per capita income is not a useful criterion at all. Kerala, with lower per capita income has a better human development ranking than Maharashtra because, human development ranking is determined using a combination of factors such as health, education, and income. So, this does not imply that per capita income is not useful. Rather, per capita income is one of the development factors and can not be neglected. The World Bank uses per capita income as the criterion for measuring development and comparing states. But this criterion has certain limitations because of which determination of Human Development Index (HDI) is done using this criterion along with some other development factors like health, education etc. If the rate of population growth, is higher than the rate of growth of national income, this will lead to fall in per capita availability of goods and services and economic welfare.

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