What is per capita income?
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Per Capita :- Per capita is the average income earned by a person in a given area.
✦ It is calculated by dividing the total area's income by its total population.
✦ It is called Per Capita GDP
✦ GDP- Gross domestic product
✦ It is used to compare the relative performance of all countries
<> [ The picture shows the Per Capita GDP development of top 10 states in 2016 ]
hope helped!
Looks like I can help you
=============================================
Per Capita :- Per capita is the average income earned by a person in a given area.
✦ It is calculated by dividing the total area's income by its total population.
✦ It is called Per Capita GDP
✦ GDP- Gross domestic product
✦ It is used to compare the relative performance of all countries
<> [ The picture shows the Per Capita GDP development of top 10 states in 2016 ]
hope helped!
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Answered by
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The income per head, means the income of a each person is known as per capita income.
It is only A main criteria to check the development of a country..
Per capita income = total no. Of income /total no. Of population..
Hope it helps u mark it as brainliest.....
It is only A main criteria to check the development of a country..
Per capita income = total no. Of income /total no. Of population..
Hope it helps u mark it as brainliest.....
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