Question

Explanation why some countries are rich while others are poor.
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Answer 1

HERE IS YOUR ANSWER:-

SOME COUNTRIES ARE POOR WHILE OTHERS ARE NOT AS THEIR PRODUCTION AND EPORT INDUSTRY MAY LIKELY NOT BE ABLE TO MAKE ENDS MEET. THEY ALSO MAY BE POOR DEPENDING UPON THEIR NATIONWIDE GDP AND THEIR ECONOMY. HOWEVER THERE ARE FEW CASES WHERE COUNTRIES MAY BE ALSO BE POOR ON THEIR LACK OF DEVELOPMENT CAUSED BY POOR GOVERNANCE. AND COUNTIES LIKE DRC HAVE RESOURCES LIKE DIAMONDS WORTH TRILLIONS BUT THEY HAVE A LACK OF MACHINERY AND MANPOWER.

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Answer 2

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Because GDP per capita is simply GDP divided by the population, it is a measure of income as if it were divided equally among the population. ... So, even in a country with relatively low GDP, some people will be better off than others. And, there are poor people in very wealthy countries.

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