Economy, asked by anshikatiwari8206, 1 year ago

What do you mean by per capita income in the country how can be used to compare two countries?

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Answered by reshubts
4

Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population

the per capita income of a country is the total national income (GDP) divided by total population . it is used to compare the development of countries by the World Bank . ... However , this hides the fact that there may be wide disparities in the earning of people , which implies inadequate social development .

hope this helps

Answered by Anonymous
2

mArk it as BRAINLIEST ✌️

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