Question

‘Only per capita income can not reflect the true state of economic development of a country.’ write your opinion in any four points.

Answer 1

Answer

Yes

Explanation:

(i) High per capita income.

(ii) High HDI.

(iii) Greater focus on economic growth rather than development.

(iv) High standard of living.

(v) Most of the population has access to basic healthcare and education.

(vi) High quality of life parameter—including freedom, equal opportunities etc.