Question

What is total income and per capita income? Which is a better measure of development and why?

Answer 1

TOTAL income.. is the whole income of the people in the country that they earn...

Per capita income is an individual's income.. or income of one person that he earn. ..

Measurement....

with the help of per capita income we can better measure the development...

if per capita income is High,, then living standard of people will also high.. this we can easily see or measure the development in the economy....!!!!!!!!!

HOPE IT HELPS YOU....... DEAR....