Economy, asked by humakph22, 10 months ago

Why is 'income' a measure of development?

Answers

Answered by ritikkkkk
0

Answer:

The increase in per capita income is a good measure of economic development. In the advanced countries, per capita income has been on continuous increases because the growth rate of national income is greater than the growth rate of population.


humakph22: Thanks for the answer.
humakph22: It helped me.
Answered by bhagatg433
0

Answer:

because In the advanced countries, per capita income has been on continuous increases because the growth rate of national income is greater than the growth rate of population .

hope it helps u

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