Social Sciences, asked by kc3334596, 9 months ago

what is the advantage of per capita income ???​

Answers

Answered by Manognangoud
1

Answer:

Per Capita Income helps to compare and analyse wealth of different population and different regions. It is used as a measure of a nation's standard of living and to ascertain its development

Answered by sriarumugam
1

advantage of per capita income

  • income is also important Criterion for comparing the countries because it helps in fulfilling the greater demands of the people
  • higher income countries are more developed than the lower income countries
  • Per capita income used by UNDP

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