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Define per capital income

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Define per capital income

Posted by Unnati Sarda 5 years, 11 months ago

CBSE > Class 10 > Social Science

2 answers

Yogita Ingle 5 years, 11 months ago

Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.

1Thank You

Yatin Sood 5 years, 11 months ago

When national income of a country is divided by the population of that country, we get per capital income.

2Thank You

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CBSE > Class 10 > Social Science