Question

Why per capita income is not a complete measure of development?

Answer 1

Per Capita Income is not an adequate indicator of economic development for the following reasons : It is an average amount of the total income which means it can't show the actual income status of a country. Only Per Capita Income can not indicate the development of a country alone.

Answer 2

Answer:

No , Per capita income is not a true measure of the Development because:- 1) It only tells us about average income not how income is distributed among the people. 2) It only give us an idea of the economic aspect. 3) It is only at the Qualitative basis. 4) Moreover, income is not only the way of development other factors are also as much as important as income.