Social Sciences, asked by itscutipie0, 9 months ago

state one limitation of measuring development through average income​

Answers

Answered by KonainGhazi
21

Limitations of per capita income are :

(i) A rise in per capita income is due to rise in prices and not due to increase in physical output, it is not a reliable index of economic development.

(ii) National income rises but its distribution makes the rich richer and the poor poorer.

Answered by raman419989
3

Answer:

refer to the attachment mate

Attachments:
Similar questions