Question

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

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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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Answer 2

Answer:

A higher rate of economic growth means more goods are produced per person, which creates higher incomes and enables more people to escape poverty at a faster rate.