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Jasmyne Harvey
on Nov 16, 2024

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International data on the history of real GDP growth rates shows that over the last 120 years or so, rich countries got richer and poor countries got poorer.

Real GDP Growth Rates

The rate at which the inflation-adjusted value of all goods and services produced in a country grows over a specified period of time.

Rich Countries

Nations with high levels of income per capita, advanced infrastructure, and a high standard of living among their populations.

  • Achieve an understanding of the evolution of real GDP per capita growth rates on a global scale historically.
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Porchia BanksNov 20, 2024
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