Asked by Smitty Hendrix on May 30, 2024
Verified
In some countries in Sub-Saharan Africa real GDP per person has been stagnant for many years.
Real GDP Per Person
An economic metric that divides a country's real gross domestic product by its total population, reflecting the average economic output per person, adjusted for price changes.
Sub-Saharan Africa
A geographic area of the African continent that is situated south of the Sahara Desert, characterized by diverse cultures, languages, and ecosystems.
- Acquire knowledge on the historical tendencies in worldwide growth rates of real GDP per person.
- Discern the interplay between real GDP per capita, standards of life, and economic progression.
Verified Answer
ZK
Zybrea KnightJun 04, 2024
Final Answer :
True
Explanation :
Many countries in Sub-Saharan Africa have experienced periods where real GDP per person has been stagnant or even declined due to various factors such as political instability, poor governance, conflict, and reliance on commodity exports which are subject to volatile global prices.
Learning Objectives
- Acquire knowledge on the historical tendencies in worldwide growth rates of real GDP per person.
- Discern the interplay between real GDP per capita, standards of life, and economic progression.
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