Social Sciences, asked by allisrihitha1425, 1 year ago

Do you think GDP is the only factor which determines the development of a country?

Answers

Answered by srabani80pal
0

Answer:

Explanation:

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually.[2][3] GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations.[4]

Answered by aakash7020
0

Answer:

yes we think gdp is the only factor which determines the development of a country

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