0
What else can I help you with?
What does it mean if a country has a low GDP?
GDP is the value of all the final products sold in a country. Equivalently it is the total income of all those within a country. A low GDP simply means that the value of these measures are less than that of other countries. Basically, they are poor.
Why does North Korea have a low GDP?
North Korea has almost no functional production, be it agricultural or industrial. It has no service industry. As a result, its GDP is practically nothing.
Country with an undeveloped industrial base low or medium human development and a low standard of living is an example of a country?
devolping
Is Norway a low income country?
Norway has a high GDP and is not a low income country at all. Norway ranks in the top 10 of every positive economic indicator used to measure prosperity.
Is it better to have a high GDP or a low GDP?
High GDP because it means more money.
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.
What does it mean if a country has a low GDP?
GDP is the value of all the final products sold in a country. Equivalently it is the total income of all those within a country. A low GDP simply means that the value of these measures are less than that of other countries. Basically, they are poor.
Why does North Korea have a low GDP?
North Korea has almost no functional production, be it agricultural or industrial. It has no service industry. As a result, its GDP is practically nothing.
Was Haiti the poorest Country in the world in 2010?
No, Haiti wasn't the poorest country, but was definitely having economic troubles. Haiti has always had a low GDP and GDP per capita, but a moderate GDP growth rate and a considerably low debt rate.
What shows if a country is richer or poor?
A country is considered richer if it has a high GDP per capita, strong economic growth, low levels of poverty and inequality, and a high standard of living. Conversely, a country is considered poorer if it has a low GDP per capita, limited economic opportunities, high poverty rates, and low standards of living.
Objectives of unit trust of India?
The Unit Trust of India has two main objectives. They are to encourage savings in middle and low income groups and to enable these groups to share in the industrial development of the country.
Why is Romania a developping country?
Because the the GDP is very modest.Because the GDP per capita is very low and the economy was destroyed after 1990 by the so called "democrats".
What was the expenditure percentage of GDP in 1951-52 on education?
In 1951-52, the expenditure on education as a percentage of GDP in India was around 0.64%. This was a relatively low investment in education compared to later years.
A country with an undeveloped industrial base low or medium human development and a low standard of living is an example of a country?
An example of a country that fits this description is Haiti. It has a low industrial base, low human development indicators, and a low standard of living compared to many other countries in the world.
Country with an undeveloped industrial base low or medium human development and a low standard of living is an example of a country?
devolping
Has Ghana got a low GDP?
Yes. It's higher than much of Africa but remains that of a developing country.
Is Norway a low income country?
Norway has a high GDP and is not a low income country at all. Norway ranks in the top 10 of every positive economic indicator used to measure prosperity.
