China's Population Is Over 1

question 244

True/False

China's population is over 1.5 billion, while the population of the United States is about 300 million. This fact means that China has much more human capital than the U.S. does. True or false? Explain your answer.

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Definitions:

GDP

Gross Domestic Product is the summed monetary value of all ultimate goods and services generated inside a country's territory in a defined interval.

Per Capita GDP

A metric that measures a country's economic output per person, dividing the GDP of a country by its population; often used to compare economic prosperity across countries or regions.

Population

The total number of people inhabiting a particular country, area, or place.

Psychological Strain

Psychological strain refers to the stress or tension experienced by individuals due to various psychological pressures or challenges.