What most likely explains the difference


Problem

The two countries in Central America of Nicaragua and Costa Rica have a common border. The smaller country Costa Rica has a per capita gdp in 2017 of 11,630. The larger country with vastly more resources and farmland, Nicaragua, has a per capita gdp in 2017 of 2016 about 1/5 of Costa Rica. According to what we have learned in this course, what most likely explains the difference?

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Macroeconomics: What most likely explains the difference
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