increase in gdp appear linked to increases in energy usage
Answers
Answered by
1
Answer:
The history of economics indicates that the share of the services sector in the national income has increasedgradually, which also increases theenergy consumption of the sector; however, its total energy intensitydecreases when the rate of increase is lower than the growth rate of the GDP.
I Hope It Will Help!
^_^
The history of economics indicates that the share of the services sector in the national income has increasedgradually, which also increases theenergy consumption of the sector; however, its total energy intensitydecreases when the rate of increase is lower than the growth rate of the GDP.
I Hope It Will Help!
^_^
rajan784:
i am not understand.give me..a suitable.ans..
Answered by
0
GDP and energy consumption
Explanation:
The terms energy production, energy consumption and Gross Domestic Product (GDP) are interrelated. A country with a greater GDP means the country's production is very high. In order to produce, they need energy. So energy consumption will be proportionately high based on manufacturing and production. When greater energy consumption stimulates growth and GDP , it indicates that the economy is dependent on energy. Higher GDP often means a greater population and hence greater use of energy. Therefore, any change in energy usage also directly affects the GDP.
Similar questions