50% of Indians were as poor as Africans, this was 1987
38% of Indians are as poor as Africans, this is 2004
12% of Indians are as poor as Africans, this is 2018
Indian economy takes huge leap
The number of people living in extreme poverty in India has been significantly reduced.
Countries such as Vietnam have also made similar progress.
However, India and Vietnam lack potential for further development.
The main reason is that the mid- to high-end industries in the two countries are not good enough
United States, Japan, Germany, United Kingdom, France
The reason why it is a developed country
It’s because they control the mid- to high-end industries
Mid- to high-end industries bring a lot of revenue and profits
It can bring a large number of high-paying jobs to people in developed countries.
After people in developed countries receive high incomes,
And large-scale consumption, buying houses, cars and various daily necessities
This has led to the prosperous service industry in developed countries.
Indians, their average income finally exceeds the average income in Africa
But then it will be difficult to increase income.
The only country that has made huge progress in mid- to high-end industries is our country.
my country’s population is over 1.4 billion
Through mid-to-high-end industries, the annual income of Chinese people has successfully reached five times that of Indians.
In the future, as long as our country expands its mid- to high-end industries, more and more Chinese people will have an annual income of more than 100,000.
However, India, which lacks mid- to high-end industries, can only continue to hover at the annual income level of 12,000.
#crypto2023 #BTC #crypto #trading #DeFiChallenge
38% of Indians are as poor as Africans, this is 2004
12% of Indians are as poor as Africans, this is 2018
Indian economy takes huge leap
The number of people living in extreme poverty in India has been significantly reduced.
Countries such as Vietnam have also made similar progress.
However, India and Vietnam lack potential for further development.
The main reason is that the mid- to high-end industries in the two countries are not good enough
United States, Japan, Germany, United Kingdom, France
The reason why it is a developed country
It’s because they control the mid- to high-end industries
Mid- to high-end industries bring a lot of revenue and profits
It can bring a large number of high-paying jobs to people in developed countries.
After people in developed countries receive high incomes,
And large-scale consumption, buying houses, cars and various daily necessities
This has led to the prosperous service industry in developed countries.
Indians, their average income finally exceeds the average income in Africa
But then it will be difficult to increase income.
The only country that has made huge progress in mid- to high-end industries is our country.
my country’s population is over 1.4 billion
Through mid-to-high-end industries, the annual income of Chinese people has successfully reached five times that of Indians.
In the future, as long as our country expands its mid- to high-end industries, more and more Chinese people will have an annual income of more than 100,000.
However, India, which lacks mid- to high-end industries, can only continue to hover at the annual income level of 12,000.
#crypto2023 #BTC #crypto #trading #DeFiChallenge