GDP is just a number. It does not measure the beauty of our land or diverse culture of our country. Nor does it count the wealth gap, pollution, or violence of our nation. In your opinion, is GDP a good measurement for the health and strength of our country?
Answers
Answered by
7
Explanation:
For one, GDP by definition is an aggregate measure that includes the value of goods and services produced in an economy over a certain period of time. There is no scope for the positive or negative effects created in the process of production and development.
GDP only counts goods that pass through official, organized markets, so it misses home production and black market activity. This is a big omission, particularly in developing countries where much of what's consumed is produced at home (or obtained through barter)
hope this will help you ☺️
Answered by
1
Answer:
hope it will be helpful to you !
Attachments:
Similar questions