Question

National income is not a true measure of development .Why ?​

Answer 1

Answer:

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.

plz follow me

Answer 2

National income is not a true measure of development because of the following reasons -

• the national income do not include the certain services and production firms which affects the country's economy.
• it is also do not identify the distribution of income.
• it also do not include the education and health service sectors which are the major contributor of country's national income.
• thus, it gives just an estimated and superficial economic condition of the country.