USA is far ahead of Brazil and India in terms of per capita income. Give reason.
Answers
The USA profits by its huge size on the grounds that bigger nations offer more noteworthy scale economies.
It gives a vast local market to organizations to flourish in and gives colossal comes back to effective organizations who can rule a specific segment, driving organizations to continually improve their execution.
In the USA organizations, for example, Google, Wal-Mart and apple add tremendously to the country's GDP and give a lucrative occupation which strengthens a working class to drive interest for extra items.
The USA likewise positions higher than most European nations in the simplicity of working together making it almost certain that upstart organizations like these with high development potential will be established there.
The large size and ways to earn huge GDP is the reason for high per capita income than India and Brazil.
Answer:
Explanation:
The USA profits by its huge size on the grounds that bigger nations offer more noteworthy scale economies.
It gives a vast local market to organizations to flourish in and gives colossal comes back to effective organizations who can rule a specific segment, driving organizations to continually improve their execution.