Question

Why do the developed countries have high GDP & PCI? Give reason.

Answer 1

Answer:

There can be a few ways to analyze a country's wealth and prosperity. Per capita GDP is the most universal because its components are regularly tracked on a global scale, providing for ease of calculation and usage. Income per capita is another measure for global prosperity analysis though it is less broadly used.

Answer 2

Answer:

GDP - Gross Demositic product.

GDP= GNP - Net Income earned outside the country.

PCI - Per capita income.

PCI = GDP / Total number of people in a country.

okay.