Social Sciences, asked by yash623990, 1 year ago

per capita income does not indicate the real development of country

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Answered by DivyamPandey10
1
In this since, per capita income is an inadequate index of development. However, consumption of these commodities increases human well-being. ... Thirdly, per capita income does not reveal, naturally, a country'seconomic and social environment under which goods and services areproduced in an economy.
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