Increases in GDP appear linked to increases in energy usage.
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Answered by
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HEY MATE HERE IS THE ANSWER TO THE QUESTION...
▶️THE INDUSTRIES NEED ENERGY TO PRODUCE ANY GOOD..
▶️THIS GOOD HELP TO INCREASE IN GDP
▶️HENCE WE CAN TELL INCREASE IN GDP IS INCREASE IN ENERGY USAGE
▶️THE INDUSTRIES NEED ENERGY TO PRODUCE ANY GOOD..
▶️THIS GOOD HELP TO INCREASE IN GDP
▶️HENCE WE CAN TELL INCREASE IN GDP IS INCREASE IN ENERGY USAGE
Answered by
0
The terms Energy production, energy use and increase in Gross Domestic Product(GDP) are interrelated.
A country with a greater GDP means that it has a huge amount of energy consumption dedicated towards goods production.
When greater energy consumption stimulates growth and GDP , it indicates that the economy is dependent on energy.
Also, higher GDP often mean a greater population and hence greater use of energy.
Therefore, any change in energy usage also directly affects the GDP.
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