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" The standard measurement of whether a country is rich or poor (in economic terms) is called “per capita income” (“per capita” means “per person”). Per capita income is calculated by dividing the total market value of everything produced in a nation in a year by the number of people in the nation. "

Wayne Grudem , The Poverty of Nations: A Sustainable Solution


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Wayne Grudem quote : The standard measurement of whether a country is rich or poor (in economic terms) is called “per capita income” (“per capita” means “per person”). Per capita income is calculated by dividing the total market value of everything produced in a nation in a year by the number of people in the nation.