Look at India and China on PengAtlas Map 4.3. Compared to the United States, these two countries
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Look at India and China on PengAtlas Map 4.3. Compared to the United States, these two countries’ economies are growing at a much faster pace and they have a much larger labor force. Even if the GDP of India and China equaled that of the United States, how would the per capita GDP compare?
Do you think that the size of their labor force is an asset or a liability?
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