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Difference between low levels of living and low per capita incomes?
Wiki User
∙ 12y ago
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoNo, low level of living can not exist simultaneously with high capita income, because if their is a high per capita income then people in an economy live in a high level of living.
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