Question

Why are some countries rich and others poor?

Answer 1

Differences in the economic growth rate of nations often come down to differences in inputs (factors of production) and differences in TFP—the productivity of labor and capital resources. Higher productivity promotes faster economic growth, and faster growth allows a nation to escape poverty.

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Answer 2

Answer:

geographic position

Explanation:

you need resources in order to set up a economy such as farming mining lumber or cattle and than look at how much they have and the value of it than look at position in the world if said country has no ports its gonna have a hard time exporting and importing than look at man power how big is the population and there expenditures such as how much do they import and export