GDP of a nation is strongly linked to the overall usage of energy in that nation.
it's true or false
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It is true. When there is more usage of energy there will be more development and hence the GDP of the nation rises
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Answer:
The statement in the given question – "GDP of a nation" is strongly linked to the "overall usage of energy" in that nation is true.
Explanation:
GDP, or Gross Domestic Product is the total output of any product produced by a country. While explaining the concept of GDP, various elements like Consumption of energy for production, Investment of money, time and resources, Government Spending, Net Exports are to be taken into account. So, we can see that GDP has a direct link with the energy usage, as it develops a particular energy usage pattern.
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