It's Wealth :P NovaNet sucks....haha
Population
They are the balance of trade and the balance of payments.
When compare to developed nations, Indian ideal inflation rate should be around 3-4%
Purchasing power parity (PPP) affects the global economy by influencing exchange rates and the cost of goods and services across countries. It helps to compare the relative value of currencies and standard of living in different nations. PPP can impact trade, investment, and economic policies, ultimately shaping the overall economic landscape on a global scale.
Per capita gross domestic product
Population
Gross Domestic Product (GDP) is the tool that economists often use as a rough measure of a nation's prosperity. It represents the total monetary value of all goods and services produced within a country's borders in a specific time period.
It is an extremely relative question. but per many economists and looking at the current economic conditions and the financial growth of the country, India after 20 years can/will be a developed country and one of the leading nations in the world
Both were formed in response to a major war.
industrialized nations use more energy
yes
How did WHAT compare?
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Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
tohar babu jaise
Mainly the US and minor nations.
Adam Smith published "The Wealth of Nations" in 1776.