What is per capital income considered as an important criterion for development?
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Explanation: Per capita income is very to count an average income or earning of a citizen. It gives an idea about the growth and development of the country.
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It is an important criterion because it tells us what an average person is likely to earn and also gives some idea about the rising standard of living. ... Average income, i.e., per capita income is important but not the only criterion for development.
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