A country achieves economic development when there is
...A country achieves economic development when there is
An increase in military expenditure
An increase in capacity utilization
A sustained increase in per capital income
An even distribution of goods and services
Correct answer is C
Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income helps determine the average per person income to evaluate the standard of living and economic development for a population.
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