Which of the following countries achieved the most rapid growth rate of real income per person during 1980-2009?

Question

Quizplus · Accepted Answer

China and India experienced significant economic growth rates during the 1980-2009 period. China's growth was largely due to market-oriented reforms that opened up the country to foreign investment and trade. India's growth was due to a combination of factors such as economic liberalization, foreign investment, and a favorable demographic and labor force. Therefore, D) China and India achieved the most rapid growth rate of real income per person during this period.

Which of the Following Countries Achieved the Most Rapid Growth