Is it possible for a country with a high GDP to also have a high poverty rate? why or why not?

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03-05-2015
History

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Is it possible for a country with a high GDP to also have a high poverty rate? why or why not?

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HistoryGuy HistoryGuy · Answer 1 · 2015-05-03T18:08:12-04:00

HistoryGuy HistoryGuy

03-05-2015

Yes, this is possible although it's more likely that a country with a low GDP would have a high poverty rate. GDP is a total measure out output/production and doesn't take into account individual wealth.

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lijahdye0351 lijahdye0351 · Answer 2 · 2022-02-04T10:44:08-05:00

lijahdye0351 lijahdye0351

04-02-2022

Answer:

No, if a country has a high GDP the poverty level will remain low

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