List and describe at least four reasons why some countries are rich and some are poor.
Answers
Answer:
Rich:
1) Because of their high population.
2)Because of their talent.
3) Because in their country all Natural recources are available.
4) Because in their country,many educated people are present.
Poor:
1) Because of their low population.
2) Because they didn't have any talent.
3)Because in their country Natural recources are not available.
4)Because in their country educated people are not present.
Answer:
The rich countries are rich means that they have higher income per capita , higher efficiency. Efficiency is one of the six goals of society, not the only one. ... The rich countries are rich means that they have higher income per capita , higher efficiency. Efficiency is one of the six goals of society, not the only one.Differences in the economic growth rate of nations often come down to differences in inputs (factors of production) and differences in TFP—the productivity of labor and capital resources. Higher productivity promotes faster economic growth, and faster growth allows a nation to escape poverty.
Explanation:
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