Question
https://www.cia.gov/library/publications/the-world-factbook/geos/id.html Click on Economy and scroll down to find GDP per capita Now fill in chart below and questions Country GDP per Capita GDP Growth
https://www.cia.gov/library/publications/the-world-factbook/geos/id.html
Click on Economy and scroll down to find GDP per capita
Now fill in chart below and questions
Country | GDP per Capita | GDP Growth Rate (Annual) | Rule of 72 # of Years to Double GDP | GDP per Capita after doubling |
---|---|---|---|---|
United States | ||||
Canada | ||||
Mexico | ||||
China | ||||
India |
Answer the following questions after completing the table above and reviewing the information in sections 20.3 and 20.4 of your textbook.
1. Which country will take the most number of years to double its GDP?
2. Which country will take the least number of years to double its GDP?
3. What is the relationship between growth rate and how long it takes to double its GDP?
4. When less developed countries have a higher growth rate than developed countries and "catch up" to developed countries, it is called what?
5. How can countries increase their GDP growth rates?
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