GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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state-owned farms
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Humanitarian Aid
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Skilled Workforce
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governmental restrictions
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Detailed explanation-1: -Education has been identified as an important determinant of economic growth. Higher levels of educational attainment lead to a more skilled and productive workforce, producing more efficiently a higher standard of goods and services, which in turn forms the basis for faster economic growth and rising living standards.
Detailed explanation-2: -In 2021, the United States had the largest economy in the world, with a gross domestic product of just under 23 trillion U.S. dollars. China had the second largest economy, at almost 17.8 trillion U.S. dollars.
Detailed explanation-3: -Annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as the percentage change in the real GDP per capita between two consecutive years. Real GDP per capita is calculated by dividing GDP at constant prices by the population of a country or area.