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Social Studies, 30.03.2020 20:28 ghadeeraljelawy

Economic Data for Seleccted Asian Countries (2009 CIA estimates)

Country GDP per capita GDP Growth Rate (per year) Literacy Rate
China $6,600 9.1% 92%
India $3,100 7.4% 61%
Japan $32,700 -5.3% 99%

Japan's GDP per capita is extremely high but their GDP growth rate shows their economy is shrinking. Why might this be the case?

A) Japan's economic reporting is faulty.
B) Japan did not fully recover from World War II
C) India provided Japan with loans for factories.
D) Japan's economy is already developed and robust.

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Economic Data for Seleccted Asian Countries (2009 CIA estimates)

Country GDP per capita...

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