Social Sciences, asked by sahili96, 5 months ago

What is per capita income? Can it be regarded as the soul indicator of economic

development of a country?​


sahili96: please answer this

Answers

Answered by HaRsHaRaMeSh5002
1

Explanation:

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

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