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Yeah and how is that number skewed in the US... India has a much better distribution than most Western countries. The problem is that it's divided over a billio
by devoply 10y ago
Yeah and how is that number skewed in the US... India has a much better distribution than most Western countries. The problem is that it's divided over a billion people. UK has a significantly smaller population.
- denzil_correa 10y ago> The problem is that it's divided over a billion people. UK has a significantly smaller population. UK also is significantly smaller in size too. Just in case, the population density of England is higher than that of India.
- devoply 10y agodunno how area or population density affects economic output other than perhaps for agrarian economies that need the land. maybe real estate, but you can build up you don't need tons of land for that.
- denzil_correa 10y agoMore people, more services and more goods produced - more GDP.
- vishnujayan 10y agotrue.Indian GDP is not based on exports but rather Indians producing goods,services and selling to Indians which has a population of 1 billion is pretty much the backbone of our business which contribute to GDP. Each state in India is the size of an European country Competing each other to surpass the growth level are the driving factors of Indian economy..