– Mississippi has similar GDP per capita ($53061) than Germany ($54291) and the UK ($51075), so why are people in Mississippi so much poorer with a much lower living standard?

Question

I was surprised to learn that poor states like Mississippi have about the same gdp per capita as rich developed countries. How can this be true? Why is there such a different standard of living?

In: Economics

Answer 1

Im pretty sure the stats came out not too long ago, and if the UK was an American state it would be the 50th poorest (out of 51)…

We are NOT rich my guy…

Edit: 50th richest? Look, were the 2nd worst okay