GDP per capita is the only economic indicator that can reliably determine the level of development for a country.

Question

Quizplus · Accepted Answer

GDP per capita is just one measure of economic development and there are other important indicators such as poverty rates, literacy rates, access to healthcare and education, and income inequality that should also be taken into consideration. Additionally, GDP per capita does not reflect non-monetary factors such as quality of life, human development, or environmental sustainability.

GDP Per Capita Is the Only Economic Indicator That Can