Analyzing the Economic Performance Comparison of Five Nations: China, Indonesia, Russia, Australia and the United Kingdom

The Economic Performance Comparison of Five Nations

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Question 1: Refer to the line chart below and discuss the possible economic reasons for those differences between the five countries. (120 words) 9 marks

Your answer should be here:

According to World Bank statistics by 2012 among the five countries listed above China topped the group with about 1.351 trillion people. Though they prove to have advantage of a pool of workforce among the other countries viz-a-viz the less physical capital in the country make them to second last in the graph.

Equally Indonesia seconds in the group in respect to population rating with 246.9M people as per to World Bank data by 2012 versus the less physical capital present in the country making them to slag behind among the five countries as per to GDP per capita comparison.