Examining the real GDP per capita in different countries allows economists to compare "standards of living" in different parts of the world.
Real GDP per is utilized to look at the way of life amongst nations. GDP is Gross domestic product, the total national output, the aggregate economy of a nation, i.e., the measure of cash a nation makes. Gross domestic product per capita is the aggregate output divided by the quantity of individuals in the populace, so you can get a figure of the normal output of every individual, i.e., the normal measure of cash every individual makes.
Answer:
The correct answer is A) Too many people invested in the market
Explanation:
During the 1920's, also known as the roaring twenties, the economy was strong, with high economic growth in agriculture, industries and services. This sustained growth over the years led to overconfidence in the market, and financial institutions began to offer cheap loans that people took eagerly because they were unafraid of the possible consequences. Besides, firms also began to offer more shares looking to expand their businesses. This led many americans to take loans to buy shares, which inflated the market bubble until it finally crashed in October 1929.
Answer:
Why do you think the pace of development is not equal everywhere write in four points? The pace of development is not equal everywhere because capital investment is not equal everywhere. Without capital investment there can be no development.
