125k views
1 vote
Under which condition does a country with a small GDP have a large per capita income?

User Dorchard
by
8.0k points

2 Answers

4 votes
if the country has a small population
User Azania
by
8.5k points
3 votes

Answer:

Small population

Explanation:

GDP is defined as the Gross domestic product of a country. It is the amount of money made in the country at a specific period of time. It measures the economic state and progress of the country.

Per capital income is the average income citizens earn in a country.

However a country with a small GDP will have a large per capital income only if the population size of the country is small. This small population size will make it possible for less competition and more money going round for the citizens.

User Shawn Mclean
by
7.5k points

No related questions found