Economy, asked by Daleesha, 9 months ago

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Answered by Prn554
1

Answer:

Explanation:1.all of the above

2.sri Lanka

3.6000

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Answered by adeeladilu2
4

1)its percapita income

2)SRILANKA

3)Per capita income is the total income of the country/state divided by the number of people in that country/state.

Here total four families. The average per capita income (5000) is equal to (4000+7000+3000+x) / 4

Income of fourth family is Rs. 20,000 - Rs. 14,000 = Rs. 6,000.

4)Per capita income is the main criterion used by the world.

It does not tell us about how this average income is distributed among the people in the individual countries. Two countries with the same per capita income might be very different with regard to income distribution. One might have equitable distribution of income while the other might have great disparities between the rich and the poor.

5)The criterion used by the UNDP for measuring development is different from the one used by the World Bank in the sense that it uses a combination of factors such as health, education and income as indicators of development. It does not rely solely on per capita income, as is the case with the World Bank.

6)We use averages because they are useful for comparing differing quantities of the same category. For example, to compute the per capita income of a country, averages have to be used because there are differences in the incomes of diverse people. However, there are limitations to the use of averages. Even though they are useful for comparison, they may also hide disparities. For example, the infant mortality rate of a country does not differentiate between the male and female infants born in that country. Such an average tells us nothing about whether the number of children dying before the age of one are mostly boys or girls.

7)Kerala, with lower per capita income has a better human development ranking than Punjab. However, it would be wrong to say that per capita income is not a useful criterion at all. Per capita income is certainly not the only criterion and it has its limitations. But this does not imply that it is not useful at all. To counter the inadequacy of this average, the human development index is used. The human development index uses a combination of development factors (such as health, education, income) for comparison. Thus, per capita income is one of the development factors, and cannot be done away with. Also, per capita income is useful for comparing the money index of states.

8)The present sources of energy that are used by the people of India are electricity, coal, crude oil, cowdung and solar energy. Other possibilities fifty years from now, could include ethanol, bio-diesel, nuclear energy and a better utilisation of wind energy, especially with the imminent danger of oil resources running out.

9)The issue of sustainability is important for development because development must be in tandem with the future. If natural resources are not sustained, then development will stagnate after a point of time. Exploiting resources unethically will ultimately undo the development that a country may have achieved. This is because in the future, those resources will not be available for further progress.

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