Economy, asked by gruthvi223, 1 year ago

Why are countries of the middle east not called developed inspite of high per capita income

Answers

Answered by Geekydude121
11

The countries in the middle east has an higher per capita income due to higher production of oil which is their major source of income.

The countries in the middle east also has higher resources available in the market.Their per capita income is not distributed among the population of the country.

There is an unequal distribution of the wealth.

There is also a huge gap between rich and poor.

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