Asked by sophia dudich on May 27, 2024
Verified
Consider the nations of Brazil, Mexico, and Pakistan. Over the past century, which of these three nations has experienced, by far, slower economic growth than the other two nations?
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time, often measured as the percent rate of increase in real gross domestic product (GDP).
Nations
Large groups of people united by common descent, history, culture, or language, inhabiting a particular country or territory.
Century
A period of 100 years, commonly used as a unit of time to mark historical or chronological significance.
- Examine the patterns of economic expansion across diverse countries through history.
Verified Answer
NP
Natalie PerezMay 30, 2024
Final Answer :
Pakistan's growth rate (1.20 percent per year) is considerably lower than the growth rates of Brazil (2.40 percent per year) and Mexico (2.31 percent per year).
Learning Objectives
- Examine the patterns of economic expansion across diverse countries through history.