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If per capita GDP is growing does that mean that everyone is better off economically?
Patrickwagstaff73096...
No per capita GDP is only an average figure it does not mean everyone is more prosperous
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∙ 9y ago
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What are the requirements for an economically developed society?
In general, economic development is measured by GDP per capita, so an economically developed society would simply have a relatively high GDP per capita. This result implies development of key components of GDP, such as capital, labour, natural resources, infrastructure, education, healthcare, and transportation.
What is the GDP per capita of Nigeria?
The GDP per capita of Nigeria is low however is rapidly growing. As of 2009 it was $2,249 and 140th largest in the world.
Is everyone in a country with a greater per capita GDP wealthier than those in a nation with lower per capita GDP?
No, the fistribution of income must also be considered.
How strong is North Korea's economy?
Not good.buts gonna get better and better and will have per capita 70,000$
What would it signify if the population of a country was growing while the real GDP remained the same?
If the population of a country was growing while the real GDP remained the same,it would signify that the per capita income remained stagnant.
What are the requirements for an economically developed society?
In general, economic development is measured by GDP per capita, so an economically developed society would simply have a relatively high GDP per capita. This result implies development of key components of GDP, such as capital, labour, natural resources, infrastructure, education, healthcare, and transportation.
What is the GDP per capita of Nigeria?
The GDP per capita of Nigeria is low however is rapidly growing. As of 2009 it was $2,249 and 140th largest in the world.
What is the economic situation in Monterrey Mexico?
It is one of the most economically advanced cities in Mexico, with a GDP per capita of US$46,634 (2010).
Why is Egypt a less economically developed country?
It is considered a less developed country because it has a GDP per capita less than 3000
What is GDP per capita of India?
The GDP per Capita of India is low but rapidly growing. Currently it is $2,941 the 128th highest in the world and comparable to that of Moldova and Vietnam.
Is everyone in a country with a greater per capita GDP wealthier than those in a nation with lower per capita GDP?
No, the fistribution of income must also be considered.
How strong is North Korea's economy?
Not good.buts gonna get better and better and will have per capita 70,000$
Canadian annual income?
Canada's annual income is 34,000 per capita household. ( Canada ranked 14 out of the top 25 country's with the most annual income). Per capita household means for everyone 1 household. Average people in per capita household : 4
Is Vietnam ledc or medc?
The Maldives is an LEDC, less economically developed country. Despite the fact the country receives large amounts of money from tourism, the GDP per capita is low.
Is China better than japan?
Both are very different nations separated by ocean so an direct comparison is bound to be one sided. Furthermore, GDP is a dynamic thing and China's fast-growing economy can't be compared to Japan's more stagnant economy. Economically China surpassed Japan in GDP because of its large population (1.4 bn+) while Japan has an small population of .12 bn. However this means that Japanese have per capita income of $42,500 while China has per capita income of only $4283 i.e. the mean Japanese is on average ten times more rich than the mean Chinese. On the other hand, the cost of living in Japan is markedly higher than in China.
What would it signify if the population of a country was growing while the real GDP remained the same?
If the population of a country was growing while the real GDP remained the same,it would signify that the per capita income remained stagnant.
Where can you download Capita SIMS?
you can download capita-sims at capitasimsfreedownload.tk
