Economy, asked by SRFARNAV, 1 year ago

what is per capita income

Answers

Answered by Vickypanjiyar
0
Heya,

Per Capita Income refers to per person Income of the country. It is an average of earning of 1 people of the country. It shows devwlopment of any country.

Per capita income= GDP/ TOTAL POPULATION

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SRFARNAV: thnx bro
Vickypanjiyar: ( :
Answered by hdewangan
4
=>The average income of a person in a country is known as per capita income.

=> In simple words per capita income means income per head.

=> It is derived by dividing the Total income of a country by total population.

Per capita income =
Total Income ÷ Total Population

Hope it helps.

SRFARNAV: thnx bro
hdewangan: If you satisfied please mark it brainliest
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