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Why is Canada's GNP bigger than Bangladesh?

Updated: 8/20/2019
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10y ago

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There are a few reasons why Canada has a bigger GNP than Bangladesh, but the main reason is that Canada is an industrialized nation, and Bangladesh is what is optimistically known as a developing nation (it could also be called a third world nation). In addition to that, Canada has a much greater supply of natural resources. Canada has oil sands, it has nickel, uranium and diamond mines, it has a productive fishery (admittedly not as productive as it once was), valuable forests, vast quantities of fresh water and real estate (Canada has the second largest land area of any nation on Earth, second only to Russia) and so forth. Canada has an automobile industry, a video game industry, and many other industries. Bangladesh has a garment industry, which makes clothes cheaply, for export to wealthier nations.

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Q: Why is Canada's GNP bigger than Bangladesh?
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