The following figure illustrates the investment in Research & Development (R&D) as a percent of GDP over a ten year period. Which country spent the least amount of money?

Question

Quizplus · Accepted Answer

The UK has spent the least amount of money on R&D over a ten year period.
Key Takeaway: Developed countries spend a consistently high proportion of their GDP on R&D to retain a competitive advantage globally. Over a ten year period that ended in 2001, Japan has consistently invested the greatest proportion of their GDP on R&D while the UK has spent the lowest proportion of their GDP. The spending of a country on R&D depends largely on the industries prevalent in that nation.

The Following Figure Illustrates the Investment in Research & Development