When we compare poor and rich countries in the world

Question

Quizplus · Accepted Answer

Poor countries have a higher dispersion in growth rates because their economies are often highly dependent on commodity exports, which can be subject to price volatility and global economic downturns. Rich countries, on the other hand, generally have more diversified and resilient economies, leading to more stable growth rates.

Note: None of the other answer choices are accurate. Research suggests that investment rates are generally higher in rich countries, growth rate dispersion is higher in poor countries, and population growth rates are typically higher in poor countries due to lower levels of access to family planning and education.

When We Compare Poor and Rich Countries in the World