Difference between per capita income and national income?


Question: Difference between per capita income and national income?

Per capita income is the average income earned by individuals in a particular country or region, calculated by dividing the total income of the area by its population. National income, on the other hand, is the total income earned by a country's residents and businesses, regardless of their location. It includes all income earned from domestic production, as well as any net income received from abroad. While per capita income is a measure of individual prosperity, national income is a broader indicator of a country's economic growth and development.

Rjwala Rjwala is your freely Ai Social Learning Platform. here our team solve your academic problems daily.

0 Komentar

Post a Comment

let's start discussion

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Latest Post

Disclaimer

All information provided on this site is generated by artificial intelligence. If you find any content objectionable or have concerns about the information provided, please feel free to comment or contact us directly.