Economy, asked by rishitaGupta, 10 months ago

someone please answer​

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Answered by vshar45
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we can not say that per capita income is not useful in determining the development of a country. ofcourse we cannot even say that only per capita income should be used in determining the development of a country. per capita income helps us in knowing how much is an average person likely to earn so that it can be known that how many are living below poverty and how many are living above poverty and this will contribute to the development of the economy of the country. so per capita income is useful for comparision between states but along with it literacy rate , net attendance ratio a d infant mortality rate also play a very important role in comparing states or countries.

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