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When is a country known as poor or rich?

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Anonymous

∙ 11y ago
Updated: 9/30/2022
  • Simply, when the average individual annual income is higher than the individual expenditure then it is a rich country. Otherwise it is a poor country.
  • In addition if the national economic growth is higher than the population growth, then it a country tending to be rich one.
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Junius Weimann ∙

Lvl 13
∙ 2y ago
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