The best indicator of economic development of any country is

(A) per capita income
(B) per person expense
(C) calorie consumption
(D) women empowerment

Correct Answer : per capita income
Question Asked : SSC Stenographer Grade ‘C’ & ‘D’ Exam 2017
Explanation : Some economists believe that economic growth is meaningless if it is not distributed across different segments of population. So per capita income is considered by some as a better indicator of economic growth since it measures the average income earned per person in country in a specified year. It serves as an indicator of a country's living standards and how wealth or income is distributed across the population. However, to a vast majority Gross Domestic Product (GDP) is the most comprehensive measure of overall economic performance.
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