Geography, asked by monsonkuwait, 8 months ago

What is percapita income? How can we calcutate it.​

Answers

Answered by AnkitSaroj07
3

Answer:

Per capita income or average income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size

Explanation:

Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country's national income by its population.

Answered by Tanmaygautam73145
0

Explanation:

per capita income means people of their country invest money in one day

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