Question

State the following in detail 1) per capita income 2) national income 3) human development index

Answer 1

per capita income : the total income of the country divided by total population gives the average income of the country which is also known as per capita income.

national income : it is the income of all the residents of the country. This gives us the national income.

human development index : comparing the countries and reporting their development based on the education levels of people, their health status and per capita income is the human development index.