UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take Class 10 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

Class 10 > Why per capita income is used to measure the economy...
✕

Search in

Why per capita income is used to measure the economy of a country?

Asked by Last Modified  

4 Answers

+1 Social science

Follow 0
Answer

Please enter your answer

Communication Expert

Total income the whole country's population earns distributed by the population gives per head income of a countryman. This PC Income is a measure of prosperity or standard of living of a country. If this figure grows beyond the inflation rate over the years, then the country's standard is said to be...
read more
Total income the whole country's population earns distributed by the population gives per head income of a countryman. This PC Income is a measure of prosperity or standard of living of a country. If this figure grows beyond the inflation rate over the years, then the country's standard is said to be increasing. This PC income cannot be directly compared with other country's figures without adjusting to Purchasing Parity. Then it can be compared to find out which country is more prosperous. This is a simplified explanation of prosperity comparison through PC Income read less
Comments
Dislike Bookmark

Account

per capita income = Real National Income/ Total population If the rate of population surpasses the rate of national income growth, then per capita national income will fall. Similarly if both national product and population grow at the same rate, per capita national product will remain constant. This...
read more
per capita income = Real National Income/ Total population If the rate of population surpasses the rate of national income growth, then per capita national income will fall. Similarly if both national product and population grow at the same rate, per capita national product will remain constant. This is not economic development. Therefore it is not rise in real national income but rise in real per capita income which may be taken as an indicator of development. Hence there is the urgent needs to check the growth rate of population and to accelerate the rate of national growth, particularly in underdeveloped countries so that the real per capita income will rise. read less
Comments
Dislike Bookmark

Per capita income is often used to measure an area's average income. This is used to compare the wealth of one population with those of others. Per capita income is often used to measure a country's standard of living
Comments
Dislike Bookmark

An all subject tutor for any board

Per capita income refers to the income earned by every person in a particular area or country. It's very simple to understand that if every person in a country is having a higher income, the standards of living will certainly increase. When every person is having a higher living standards, it means that...
read more
Per capita income refers to the income earned by every person in a particular area or country. It's very simple to understand that if every person in a country is having a higher income, the standards of living will certainly increase. When every person is having a higher living standards, it means that the country has prospered as its citizens have prospered. read less
Comments
Dislike Bookmark

View 2 more Answers

Related Questions

Which software I should used to draw construction chapter like perpendicular bisectors, circum circle etc and also for graphs in math for my study materials and also tell me how to use it?
I recommend you to use Geogebra. It is free to download.
Ashish Kumar
What is difference between contact and non-contact force?
The force induced when two bodies are in contact are called Contact force...vice versa
Gayathri
0 0
5
(6+6+6+6) / 4+4+4/4 =
Use Bodmas.. Add (6+6+6+6)=24 24/4+4+4/4 Now divide 4/4(division priority)=1 and 24/4=6 6+4+1 11. This is the answer
Vikram Nathawat
Why heavy vehicles are using halogen lights during night time?
it have more converging power
Muskaan
0 0
5
Why there is standardisation mark on every products whether it is electronics, jewellery and food products?
It refers to the quality of product. It is helpful in identifying the best one by customers Eg 916 hallmark in gold.
Jitendra
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

How To Find The Value Of A Trigonometric Ratio?
I always see student's are using table to find the value of a trigonometric ratio. I have a better way: For a right angle triangle ABC, where angle B is 90 degree. We know: SinC = AB/AC CosecC...

Sur Class

1 1
0
Company Secretary (CS)
Who should one do CS? Any person interested in legal matters / strategical matters should do it.

Auxano EduTech LLP

0 0
0
Properties of Diamond
Colourless transparent substance with extra ordinary brilliance due to its high refractive index. It's quite heavy. It's extremely hard. (Hardest substance known) It's doesn't conduct electricity....

Debraj Paul

0 0
0
Acid, Base and Salts
The reaction of an acid with a base to produce only salt and water is called a neutralization reaction. Acids Acids are sour in taste. If hydronium ions are found in a solution, the solution is acidic...

Tejas Academy Centre

1 0
0
Study to Learn, not to Score.
One must study without thinking of marks or dreaming of having brighter future in terms of good job etc. We study not to earn money, we study so that we can understand surroundings, know about our past...

Gargi Saha

0 0
0

Recommended Articles

Find Class 10 Tuition near you
Class 10 Tuition in Delhi
Class 10 Tuition in Bangalore
Class 10 Tuition in Hyderabad
Class 10 Tuition in Kolkata
Class 10 Tuition in Mumbai
Class 10 Tuition in Chennai
Class 10 Tuition in Pune
Class 10 Tuition in Noida
Class 10 Tuition in Lucknow
Class 10 Tuition in Jaipur
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 10 Tuition Classes?

The best tutors for Class 10 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 10 Tuition with the Best Tutors

The best Tutors for Class 10 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2025 All Rights Reserved