Check sibling questions

What is the advantage of per capita income?  Mention any one.

 

Answer:

Different countries have different populations. 

So, total income doesn’t tell what an average person is likely to earn

Therefore, the per capita income is more useful for making comparisons.

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.