Asked by Arber Gashi on May 03, 2024
Verified
Over the last 140 years or so, on average Canada's real GDP per-person grew faster than that of the U.K.
Real GDP Per-Person
A measure of a country's economic output that accounts for population size, providing an average economic output per individual, adjusted for inflation.
Canada
Canada is a country located in the northern part of North America, known for its vast landscapes, multicultural diversity, and strong economy.
- Apprehend the historical progression of global real Gross Domestic Product per individual growth rates.
Verified Answer
ZK
Zybrea KnightMay 04, 2024
Final Answer :
True
Explanation :
Historically, Canada's real GDP per capita has grown at a faster rate than that of the U.K., especially considering the significant economic development and resource exploitation in Canada over the last 140 years, which has contributed to its higher growth rates in comparison to the more mature economy of the U.K.
Learning Objectives
- Apprehend the historical progression of global real Gross Domestic Product per individual growth rates.
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