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A country achieves economic development when there is

...

A country achieves economic development when there is

A.

An increase in military expenditure

B.

An increase in capacity utilization

C.

A sustained increase in per capital income

D.

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.