Question

What do you mean by per capita income .What are it's limitations

Answer 1

the income divided by the population of a region is called as per capital income

this donot give the real income of the people

also this is not the main factor to decide the devolopment

Answer 2

percapita income is measured by dividing national income with total population
It's the average income of the people in a country
limitations :
1)it's not the real income
2)it does includes with std of living, life expectancy ,years of schooling, etc....
3)It hires the disparities among income standards of the people in a country