The higher gross domestic product per capita in some less developed countries such as brazil, south africa, and malaysia is best explained by increases in the value of the country’s?

Question: The higher gross domestic product per capita in some less developed countries such as brazil, south africa, and malaysia is best explained by increases in the value of the country’s?

The higher gross domestic product (GDP) per capita in less developed countries such as Brazil, South Africa, and Malaysia can be attributed to several factors, and it is not solely based on increases in the value of the country's natural resources.

Some of the factors that contribute to the higher GDP per capita in these countries include:

Economic policies: Countries that implement sound economic policies can attract more foreign investment, which can drive economic growth and increase GDP per capita.

Trade: Increased trade with other countries can lead to economic growth and higher GDP per capita.

Infrastructure: Countries with better infrastructure such as transportation, communication, and energy systems can attract more investment and increase economic activity, leading to higher GDP per capita.

Education: Education is a key factor in the development of human capital, which can lead to higher productivity and economic growth, and ultimately, higher GDP per capita.

Innovation: Countries that invest in research and development and promote innovation can create new industries and products, leading to economic growth and higher GDP per capita.

While natural resources can play a role in economic development, it is not the only factor that explains the higher GDP per capita in less developed countries. The above factors are equally important and can lead to sustainable economic growth and development.