Asked by Nabil Abdulkadir on May 08, 2024
Verified
Compare the GDP and GDP per capita of the United States with that of developing countries.
GDP Per Capita
The gross domestic product divided by the population, serving as an indicator of a country's economic performance and standard of living.
Developing Countries
Nations with lower levels of industrialization, income, and quality of life, often characterized by efforts towards economic development.
United States
A country located in North America, comprising 50 states and known for its significant influence on global economics, politics, and culture.
- Comprehend the meaning and attributes of developing nations.
- Analyze the relationship between population policies and economic development.
Verified Answer
RB
rachel bozinMay 11, 2024
Final Answer :
In 2017, U.S. GDP was $19 trillion while the combined GDPs of the 135 DVCs in that year added up to $28 trillion. Also, U.S. GDP per capita was 67 times greater than per capita GDP in the Democratic Republic of the Congo, one of the world's poorest nations.
Learning Objectives
- Comprehend the meaning and attributes of developing nations.
- Analyze the relationship between population policies and economic development.