Asked by Saanvi Patel on May 05, 2024

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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.
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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.