preview

Compare And Contrast The GDP Per Capita Of The Mexico And The US

Satisfactory Essays

In this discussion I will compare and contrast the GDP per capita of the Mexico and the U.S.A during 1900-2010. According to this graph, in general, the GDP per capita of the U.S.A higher than the GDP per capita of the Mexico between 1900 and 2010.
Furthermore, I can see from this graph that the GDP per capita in the U.S.A and Mexico was relatively close and low, and their gap was small from 1900 to 1940. This because the economy was slow to develop in the U.S.A since 1900, and the financial markets in the U.S.A were disrupted by the collapse of the stock market in 1929. During this period, the GDP and productivity of the U.S.A declined, and per capita income levels and the living standard of the people were negative. As a result, the Great

Get Access