Development Economics. Outline of the Lecture:. Per Capita Income, Causes of Low Per Capita Income, Measure to Increase Per Capita Income. Per Capita Income:. Per capita income is the average income per head of a country.
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Per Capita Income,
Causes of Low Per Capita Income,
Measure to Increase Per Capita Income
Per capita income is the average income per head of a country.
Per capita income is obtained by dividing national income of a country by its population in the year.
Per capita income = national income in a year
population in the year