Question

what ie per capita income ? why is per capita income not an adequate indicater of economics development of a country​

Answer 1

Explanation:

Per capita income is the average income of a country. ... It is calculated by dividing the total income(National Income) of the country by its total population. IT IS NOT AN ADEQUATE INDICATOR OF ECONOMIC DEVELOPMENT BECAUSE IT HIDES THE DISPARITIES. IT DOES NOT SHOW ANY DIFFERENCE BETWEEN THE POOR OR RICH.

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Answer 2

$\huge \mathtt \orange{Question}$

What is per capita income ?

Why is per capita income not an adequate indicater of economics development of a country ?

$\huge \mathtt \orange{Answer}$

Per capita income is the average income of a country. ... It is calculated by dividing the total income(National Income) of the country by its total population.

Per Capita Income is not an adequate indicator of economic development for the following reasons : It is an average amount of the total income which means it can't show the actual income status of a country. It needs other criterion to judge the economic development like literacy rate.

When the total income of the country is divided by its population we get per capita income.It is not an adequate indicator because : a It does not tell us how this income is distributed. Per Capita Income might not be the income of every individual in the state.