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why is per capita income considered as important criterion of development?

Posted by Pari Shah 7 years, 11 months ago

CBSE > Class 10 > Science

1 answers

Archith Jayalal 7 years, 11 months ago

Average income represents the total income of a country keeping in view of the total population.

If the average income is adequate to meet, the basic requirement and other facilities that country is considered developed.

More income means more of all things that human beings need. What ever people like and should have, they will be able to get with greater income.

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