what is the per capita income
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Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate and dividing it by the total population.
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divyamahadeva:
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Here ia your answer
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⏩⏩Per Capita income is define as total income of the country divided by its
total population .
⏩The total Income of country in every years divided by its total population is called average income . and average income is also called per capita income
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Here ia your answer
⬇️⬇️⬇️⬇️⬇️⬇️⬇️
⏩⏩Per Capita income is define as total income of the country divided by its
total population .
⏩The total Income of country in every years divided by its total population is called average income . and average income is also called per capita income
_________________________
I HOPE IT WILL HELP YOU ☺️✌️
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