What are the advantages and disadvantages …
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Posted by Basant Pandey 6 years, 4 months ago
- 2 answers
Yogita Ingle 6 years, 4 months ago
Per capita income or average income
It is measures the average income earned per person in given area (city, region, country, etc) in a specific year. it is calculated by dividing the area's total income by its total population.
Disadvantages of average income
1). average income doesn't describes conditions of country's people really.
2).It doesn't all the conditions which are to be fulfilled being a developed country.
3).Per capita income decreases the role of rich and poor because it show all the people equal.
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Basant Pandey 6 years, 4 months ago
0Thank You