One of the most significant problems facing governments with low GDP is that a low GDP often results in __________.
Answers
Answered by
2
low development of country's economy.
Answered by
2
Answer is Unemployment.
- GDP stands for Gross Domestic Product. It is the net value of all goods produced by all of the companies in a country.
- When GDP growth is high, it denotes that the economy of the nation is in better shape.
- When GDP growth is low, it denotes that the nation is in recession period.
- Literally, GDP rate decrease denotes the decrease in production of goods and hence result in unemployment.
Similar questions