The comparison between the rich and poor countries is based on the approximation of productivity per year.

1.        The comparison between the rich and poor countries is based on the approximation of productivity per year. This is an approximate measurement of the total value of goods and services which are produced to fulfill the needs of people. In this way we can compare the countries with each other but there must be comparison between the classes of one society to understand this term. Canada is considered to be a rich country having highest living standard of its people but there are lot of poor people in Canada which do not have comfortable life. We can say that poverty is everywhere which is affecting their lives.