why is income not the only way to judge the development of a Nation
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Per Capita Income is not an adequate indicator of economicdevelopment for the following reasons : It is an average amount of the total income which means it can't show the actual incomestatus of a country. Only Per Capita Income can not indicate the development of a countryalone.
Per Capita Income is not an adequate indicator of economicdevelopment for the following reasons : It is an average amount of the total income which means it can't show the actual incomestatus of a country. Only Per Capita Income can not indicate the development of a countryalone.
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hii mate....
Because it is a quantitative value, and because it fails to take into account social indicators, it is argued that GDP is not an accurate measure, whereby society is made of much more than the total of all economic activity.
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