Crash Course Economics - Productivity and Growth (Productivity and Growth: Crash Course Economics #6)

Why is Singapore considered richer than India even though India has a higher GDP?

• Singapore has a higher GDP per capita (per person) than India.

• India is considered richer than Singapore.

• India has a higher GDP per capita (per person) than Singapore.

• Singapore actually has a higher GDP than India.

What is one of the measurements for considering a country poor?

• Money spent by businesses

• Literacy

• GDP Per Capita (per person)

• Luxury items purchased per year

Which two factors are important in a nations success?

• Leadership and Natural Resources

• Governmental Style

• Military and Economy

• Ethnicity and Wealth

What is one reason according to the video that US workers make more money than other nations?

• Culture

• Ethnicity

• Productivity

• Education

What main reason does Crash Course present as the reason some countries are poor and others rich?

• Luck

• Productivity

• Resources

• Good Governance

What is one major factor for the increase in productivity?

• Connectivity

• Factories

• Education

• Heritage