Per capita gross domestic product (GDP)may be a deceiving economic measure because the wealth of a country may be concentrated in the hands of a few.

Question

Quizplus · Accepted Answer

Per capita GDP only measures the average income, which can be skewed by a small number of extremely wealthy individuals, while the majority of the population may be living in poverty. Therefore, per capita GDP may not accurately reflect the economic well-being of a country's entire population.

Per Capita Gross Domestic Product (GDP)may Be a Deceiving Economic