Question

what is average on per capita income ? what criteria os used buy would because to measure the development of country ? what are it limitation​

Answer 1

Per capita income refers to the average income of a country. It is calculated by the World Bank by dividing the total income of the country by its population.

Its criteria is income.

Its limitation is that it calculates only based on the income and doesn't take into consideration factors like literacy rate, IMR, death rate, etc. In other words, it takes into account only economic development factors and not social development factors.

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