Question

What are things to be considered when per capita income is taken as
development index?

Answer 1

Explanation:

Human Development Indicators published annually by the United Nations Development Programme (UNDP), provide broad measures of well-being worldwide. There are three data dimensions: life expectancy, education, and purchasing power parity.

Answer 2

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Per Capita Income as a Growth Indicator : Dividing GDP/GNP by the total population one gets per capita GDP/GNP. Conventionally, per capita income is used as an index of development. Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality.

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