Understanding Gross Domestic Product
To finish our discussion of gross domestic product, I'd like you to consider the following question. Let us say that, hypothetically, you were called upon to design your very own country. What characteristics would you choose for that country to maximize the chances of it having a very high GDP per capita?
Below is the list of characteristics that are associated with economic regions that have a very high GDP per capita.
Figure 8: Characteristics of countries with a very high GDP per capita
What Makes for a Very High GDP Per Capita?
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