National Geographic World Cultures and Geography, Student Version - 506

sec tion

2

f oc u s o n i n d i a

2.2 Economic

Growth

Main Idea Many factors have contributed
to India's rapid economic growth.

If you have a computer problem and
call for technical help, your call may be
answered in the southern Indian city
of Bangalore. Bangalore is the leading
center of India's telecommunications
industry. Companies there handle support
services for U.S. computer and software
companies. Outsourcing , the shifting of
jobs to workers outside of a company, has
been a big part of India's economic growth.

A Growing Economy
The value of the goods and services
produced in a country divided by the
number of people in that country is called
the per capita Gross Domestic Product
(GDP). Countries with a high per capita
GDP are known as developed nations ,

Critical Viewing This busy call center
is in Bangalore, India. What appears to
be the main activity in this call center?

506 CHAPTER 18

m y N G c o n n e c t . c o m for photos of
economic growth and current events
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and countries with a low per capita GDP
are called developing nations . Developed
nations have healthier, more educated
people, consume more goods and services,
use more energy, and employ more people
in manufacturing and service industries
than developing nations. Developing
nations have a lower standard of living
and less developed infrastructure.
Most South Asian countries are
developing nations. But some economists
see India as an emerging market, with
a high growth rate and goods and
services that compete in global trade.
India's GDP has increased by an average
of 7 percent every year for the last 20
years-about twice as fast as that of the
United States. As a result, its estimated
middle class population of more than 300
million people is nearly the same as the
population of the entire United States.


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National Geographic World Cultures and Geography, Student Version

Table of Contents for the Digital Edition of National Geographic World Cultures and Geography, Student Version

Contents
National Geographic World Cultures and Geography, Student Version - Cover1
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National Geographic World Cultures and Geography, Student Version - Contents
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National Geographic World Cultures and Geography, Student Version - Cover3
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