Economy, asked by Navyatyagi, 10 months ago

mention any two limitations of per capita income as an indicator of development

Answers

Answered by vijaybanjan378

Answer:

Per capita income does not reflect the standard of living of the people. ... Thus unless national income is evenly distributed, per capita income cannot serve as a satisfactory indicator of development.

A rise in per capita income is due to rise in prices and not due to increase in physical output, it is not a reliable index of economic development. (ii) National income rises but its distribution makes the rich richer and the poor.

Hope this helps

Mark me the brainliest

Previous Question

Next Question

Similar questions

Biology, 5 months ago

difference between photosynthesis and respiration...

Physics, 5 months ago

What happens to the pressure of water on a diver as he dives deeper into the sea?

Accountancy, 5 months ago

स्वयं जाँचिए-1 वाक्यों को पूरा करें- (क) वित्तीय विवरणों में दी गई सूचना_____ पर आधारित होती है। (ख) आंतरिक उपयोगकर्ता व्यावसायिक इकाई के ____ होते हैं। (ग) __कोई व्यावसायिक इकाई ऋण के लिए उपयुक्त है या नहीं इसका निर्धारण करने के लिए उसकी वित्तीय सूचना का उपयोग करना चाहेगा। (घ) __व्यवसाय से बाहर के वह लोग होते हैं जो व्यवसाय के संबंध में निर्णय लेने के लिए सूचना का उपयोग करते हैं। (ङ) इण्टरनेट...

Computer Science, 10 months ago