Republic of uzbekistan andijan machine-building institute fundamentals of business management
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- Work as a team
- Comparison of GDP
Gross Domestic Product (GDP) Economic growth depends on the stability of production and services in the economic system. Just as there are different ways to measure your personal growth, there are different ways to measure economic growth. can be applied. One such way to determine the state of the economy is to compare production results from year to year. The state collects information from producers and calculates the national production. One of the most widely used methods is the measurement of gross domestic product. Gross domestic product or GDP is the sum of all products produced or services provided in the country during the year. CIA World Factbook What is the highest GDP per capita country? and the worst? Section 2 Economic activity Features of YIM: Work as a team The country's GDP is the sum total of information about the country's economic production. When calculating the economic development of the nation, make a list of obstacles using only the results of the GDP as a team. Which aspects of economic growth are reflected in the country's GDP can not find the opposite? Comparison of GDP It has been proven that the more products and services are produced, the healthier the economy will be. Looking at the monetary unit of GDP as a measurement unit of the economy does not give us complete information. Another way to measure economic growth is the ratio of GDP per capita or the ratio of manufactured goods to the population. GDP per capita is determined by the ratio of GDP to the population of the country. For example, compared to last year, this year's GDP there was no change in. It should be assumed that the population has increased. The same amount of product must now be divided by a larger population. An increase in GDP per capita indicates the growth of the economy, while its decrease indicates that the economy is facing difficulties. Which economic activities are not included in GDP? CALCULATION OF GROSS DOMESTIC PRODUCT Country Canada USA CHINA Area (sq km) 9,984,670 9,826,675 9,596,961 Population 33,212,696 303,824,640 1,330,044,544 YIM 1,285,000,000,000 14,260,000,000,000 8,789,000,000,000 GDP per capita 38,690 46,935 6,608 How did this table help you calculate GDP per capita? Download 8.42 Kb. Do'stlaringiz bilan baham: |
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