Asked by Saanvi Patel on May 05, 2024
Verified
Differences in stages of development among countries are reflected in a number of ways besides per capita income.
Stages of Development
A theoretical framework describing the progression through which societies, economies, or industries evolve over time.
Per Capita Income
A measure of the average income earned per person in a given area or country, calculated by dividing the area's total income by its population.
- Master the understanding of socio-economic indicators that highlight the developmental progression among nations.
Verified Answer
XM
Xavier MalikMay 10, 2024
Final Answer :
True
Explanation :
Besides per capita income, differences in stages of development among countries can be reflected in factors such as access to health care, education, technology, infrastructure, and political stability.
Learning Objectives
- Master the understanding of socio-economic indicators that highlight the developmental progression among nations.
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