why is per capita income considered as an important criteria for development according to 10th class answer
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It is important criteria because national income is not including in compare different states or countries. Every state have different no. of population. that's why it is an important criteria
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Per capita income is an important criterion because it gives some idea about the rising standards of living. Prosperity of a country not only depends on the size of its national income but also on the number of people who would share it. A rise in let capita income indicates that more goods and services are available on average to people. Also, averages helps in obtaining per individual income within a specified time frame.
Hope it helps you dear!
Hope it helps you dear!
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