Although China’s total economic output, measured by Gross Domestic Product (GDP), is third largest in the world, it is considere
d a developing nation. What is most likely the most important factor for this designation? A.
China’s government spends money on things that do not benefit human development.
B.
China has a large population, so its GDP per person is only modest.
C.
China has a strong economy but weak literacy and school attendance rates.
D.
China’s high rates of disease offset the country's economic gains.
The correct answer is - B. China has a large population, so its GDP per person is only modest.
China has the biggest population in the world, and big portion of that population is still earning small amount of money. Even though in the past few decades the GDP per capita has been improving, and in general, the Chinese people live much better than they used to, still considering the fact that very big portion of the population was very poor, it will take few more decades that the country's GDP per capita is ranked high.
