national income cant be a perfect indicator of a country's development ? why
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Net National Income: In spite of economic growth, the standard of living may be eroded because of high growth of population, income inequality, etc. ADVERTISEMENTS: Another limitation of this index of development is that it does not say anything about the composition of goods and services produced
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only National income can't be a perfect indicator of a country's development
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Income of a particular country hide the disparities in the income.The development country means when a country is growing in all aspects such as education, life expectancy, incomeetc..
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