Economics indicator Income per captia (per person) A more developed country will have a higher income per captia Refers to the average income of a worker in a country receives in a year Involves gross domestic product or the total income generated in a country a yearProblems with this indicator 1. It is only an average figure - it does not show individual or regional differences- poverty can still exist in country's with high GDP per captia as only a few very wealthy people contribute to the country's GNP only 2. It does not take into account the local cost of living- you may earn a lot but spend a lot too 3. Does not reflect informal economic activities- non official tuition they do not pay taxes 4. Does not consider economic and environmental factors Employment structure Primary industries Involves extracting of raw material Farming agriculture fishing mining Very low income potential Primary industries contribute relatively little to a country's GDP Secondary industries Manufacturing and the production of goods Garments textile High income potential Tertiary industries Providing sales and services Teaching banking tourism lawyers High i ...
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