Environmental & Physical Sciences

Study Materials in Environmental & Physical Sciences

Write Out the Per Capita Income of 5 Developed and 5 Developing Countries Over the Past 5 Years

ASSIGNMENTWrite out the per capita income of 5 developed and 5 developing countries over the past 5 years.---The primary factor used to distinguish developed countries from developing countries is the Gross Domestic Product (GDP). Per capita is the tally of all the goods and services produced in a country in one year, expressed in U.S. dollars. GDP is calculated by dividing a country’s GDP by its population. For example, a small country with a GDP of $1 billion and a population of 50,000 h...