How to increase gdp of country Videos

+Patrick Gunsolley 1. Incorrect to my point. My point is that MOST OF THESE billionaires are American. Thats all. What do you need to explain? Youre the one whos about to get an education for free, from yours truly. We Americans know business and numbers. Ill explain.." So I was incorrect in assuming that the point of your statement was to prove how great America was by proving something that is clearly influenced by population levels? Clearly that was your intention.2."2: Yes, this video does show countries in order of GDP per capita. Very good. Now, look at the title of the video. Its misleading because GDP per capita cant show the wealth of a nation. It shows relative performance but even then it requires lots of metadata to make any decent analysis. So, thats probably why people are being mislead and arent happy with this video."This is so far reaching and obviously wasn't your original bone with the video. The wealth of a nation is subjective, it could be total GDP, it could be GDP per capita, it could be government account balance, it could be total worth of all natural resources, it could be total worth of all land, it could be total money within the economy and held by the citizens...3."3: The GDP per capita is a terrible representation of the average citizen. Every nation on this list has most of their wealth in the hands of a minority. Simply dividing this by the population doesnt represent anything in regards to what you're talking about."So you are suggesting that these Top 10 countries have more inequality than AMERICA?! And that THAT'S what gives inaccurate measurements for GDPper capita....WOWWOWWOWWOWWOWWOW4. GDP per capita is a good rough measurement, average wage is better of-course but requires more primary research.5."Did you notice something about this list? Most of these countries are fairly small in size. Typically, larger nations with larger populations with larger economies tend to rank low on the GDP per capita, yet the United States ranks in the top 10. This is very impressive."This is actually completely wrong...The higher the population, the more GDP per capita the population typically gets, policies permitting. This is because your total amount of billionaires and geniuses make more billions and disproportionately contribute to a countries GDP, raising the GDP per capita for everyone else by a little bit. In this, America clearly has an advantage to these countries, even though they technically do have a higher billionaire and millionaire per capita than America.6."So yes, Americans are going to get upset when false information is being spread. Yes, this video is accurate in showing the top GDP per Capita, but it's inaccurate in showing the "richest countries in the world"."I am sure Americans would be unhappy at each and everysingle video which used legitimate measurements of countries' wealth if the measurement wasn't total GDP, something they win in.

+Adam Anderson 1: Incorrect to my point. My point is that MOST OF THESE billionaires are American. Thats all. What do you need to explain? Youre the one whos about to get an education for free, from yours truly. We Americans know business and numbers. Ill explain..2: Yes, this video does show countries in order of GDP per capita. Very good. Now, look at the title of the video. Its misleading because GDP per capita cant show the wealth of a nation. It shows relative performance but even then it requires lots of metadata to make any decent analysis. So, thats probably why people are being mislead and arent happy with this video.3: The GDP per capita is a terrible representation of the average citizen. Every nation on this list has most of their wealth in the hands of a minority. Simply dividing this by the population doesnt represent anything in regards to what you're talking about.4. My problems went over your head; they are analogies about business that are comparable to measuring the wealth of a nation. They are very accurate. Measuring GDP per capita is like dividing your assets value by the number of assets, but that is not going to tell people how much money you have.Did you notice something about this list? Most of these countries are fairly small in size. Typically, larger nations with larger populations with larger economies tend to rank low on the GDP per capita, yet the United States ranks in the top 10. This is very impressive.So yes, Americans are going to get upset when false information is being spread. Yes, this video is accurate in showing the top GDP per Capita, but it's inaccurate in showing the "richest countries in the world".

+Patrick Gunsolley 1. "Americans also fill the top billionaires list (which I think is neither good nor bad)."So does China and India...but social mobility there is very low. Obviously total population increases total numbers of anything, the fact this needs to be explained is beyond amazing.2."I think most people know the difference, but depending on how you measure wealth, you get different outcomes."They clearly don't understand the difference, this video is ABOUT GDP PER CAPITA and they are providing TOTAL GDP as proof of a disingenuous video ranking...It's so stupid!3." I cant measure my wealth based on the inflated price of each individual item I have in inventory if I only have a stock valued at 10k. If my competitor has a lot more product than I do for a lower price, and a total value of 100k, then they simply have more valuated assets; more wealth. Plain and simple."The average wealth of a countries average citizen is always measured on a universal scale. So it is comparable with other countries with varying costs of living and GNI.4.  " It's the same thing when dividing out wealth by population (the GDP per capita)."Working out the GDP per capita of a nation has none of the incorrect problems you previously mentioned for measuring average wealth...

+Adam Anderson I think most people know the difference, but depending on how you measure wealth, you get different outcomes. GDP per capita is a fairly useless figure though. Its fine, Im American and Im glad other countries can rank high on this scale, but the real value of a country is in total GDP, not per capita. In example: I cant measure my wealth based on the inflated price of each individual item I have in inventory if I only have a stock valued at 10k. If my competitor has a lot more product than I do for a lower price, and a total value of 100k, then they simply have more valuated assets; more wealth. Plain and simple. Basic economics. It's the same thing when dividing out wealth by population (the GDP per capita). Americans also fill the top billionaires list (which I think is neither good nor bad).

OOOHHHH i didnt see it as per capita. lol

+I am Pie //statisticstimes.com/economy/projected-world-gdp-capita-ranking.phpThat's the page you should be looking at. GDP per capita. The nominal GDP per capita puts America at 5th, but the PPP(Adjusted for the price of goods) puts you even further back than 7th. Do you understand?

+Adam Anderson //statisticstimes.com/economy/projected-world-gdp-ranking.php

+I am Pie //www.therichest.com/business/economy/the-10-nations-with-the-highest-gdp-per-capita/It's just facts...the average American doesn't earn that much compared to the elite countries.

no this video is just plain wrong. im not trying to bitch about the US not being first but it being 7th is kinda stupid. Plus other countries like japan and the UK arent even on there, or if they are they are probably very low on the list instead of the top, idk i havent watched this vid in a while and im to lazy to re-watch it. 

+I am Pie It's GDP per capita you idiot. Generally the average wage.

Shut up roblox idiot

ok

And*

That's not true they dislike because they hate the Muslim countries

+kike Not really... Why does everything have to be about Americans?

+kike im murican and i still laugh at that, but no.. just no..

Lol XD