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Why do statistics like GDP in absolute numbers? The only thing that graph shows is that China was dirt poor in 1995, and is now still only at 25-35% of USA lev
by ozy 2y ago
Why do statistics like GDP in absolute numbers?
The only thing that graph shows is that China was dirt poor in 1995, and is now still only at 25-35% of USA levels.
- logicchains 2y agoGDP per capita is a measure of a country's standard of living, raw GDP is a measure of a country's power relative to other countries.