Economy, asked by abhishekrajput3108, 8 months ago

the national income of a country has increased but per capita income has not . explain why?​

Answers

Answered by ssalunkhe93
4

Answer:

The national income of a country is the total count of money of that particular country , whereas the per capita income of a country is the average earning of the people of country.

So if we notice  that in national income we sum up the income of very rich persons and also very poor ones, but in per capita income will distribute the total national income within the people of the country . So if a country has more national income but less per capita income , it means that there is no proper distribution of the money , which means that there is a very big difference between the rich and the poor in that country.

Similar questions