write any 5 limitations percapita income related to economic development?
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It does not indicate the disparities in the distribution of income. E.g. the wide gap between the incomes of extremely rich and very poor people.It does not indicate long-term sustainability as non-renewable resources are liable to be exhausted.The method of calculating per capita income also varies among countries. This, it is not highly reliable for comparisons.
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Akhil Singh answered this
1) It dosn't give us any idea about distribution of income.
2) It hide many facts and demerits
3)It get influenced by large numbers
4)It neglects other development measures
5)It is influenced by population.
answered this
it enables to show how income is distributed among the people of country.cost of pollution is not considered in this
HOPE IT HELPS!!!
KEEP SMILING!!: )
Akhil Singh answered this
1) It dosn't give us any idea about distribution of income.
2) It hide many facts and demerits
3)It get influenced by large numbers
4)It neglects other development measures
5)It is influenced by population.
answered this
it enables to show how income is distributed among the people of country.cost of pollution is not considered in this
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