A country achieves economic development when there is
Answer Details
A country achieves economic development when there is a sustained increase in per capita income.
Per capita income refers to the average income earned by each person in a country, and it is a widely used indicator of a country's economic development and standard of living. A sustained increase in per capita income means that people in the country are earning more money on average, and that the overall level of prosperity and well-being in the country is increasing over time.
Economic development is a process of sustained economic growth and improvement in the standard of living of a country's citizens. When a country experiences a sustained increase in per capita income, it is a sign that the economy is growing and that people are becoming more prosperous. This can lead to improvements in areas such as health, education, and infrastructure, which can further support economic growth and development.
In simple terms, a country achieves economic development when people are earning more money on average, and the overall level of prosperity in the country is increasing over time.