Member nations of the Organization for Economic Co- Operation and Development (OECD) with a lower GDP per capita in 1960 experienced what sort of growth during the subsequent 40 years?
A) relatively lower growth than higher GDP per capita countries
B) relatively faster growth than higher GDP per capita countries
C) no growth at all
D) similar growth as countries with a high 1960 GDP per capita

Question

Quizplus · Accepted Answer

According to research, countries with lower GDP per capita in 1960 experienced relatively faster growth than higher GDP per capita countries during the subsequent 40 years. This phenomenon is also known as "catch-up growth."

Member Nations of the Organization for Economic Co- Operation and Development