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In recent decades, most countries worldwide have seen significant economic growth, both in absolute terms and per capita. Notably, the six most populous countries have recorded per capita economic growth from 1970 to 2000. This trend has impacted global markets, labor forces, and living standards. This analysis explores the key factors driving economic growth, the disparities among countries, and the implications for future development. Understanding these dynamics is crucial for policymakers, economists, and global citizens alike.
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