Topic 2: Economic activity
Plan:
1. Measuring economic activity
2. Change of economic climate
3. Measurement units
of entrepreneurial activity
Measurement of economic activity
Objectives
Key Phrases
A
look at real life
Gross
Domestic
Gross
Domestic
Product (GDP)
34
GDP per
capita 35
Unemploymen
t rate 36
Efficiency 36
Personalbenef
it 37
Retail
merchandiser
otation 37
We use measurement characteristics in many aspects of life
the product
we use For example,
the recent basketball game
determinati
on
in the game, Rosa Rivera is a Middletown High School
student
Cocktail
He got 19 points, 8 steals and 7
assists
economic
did
measureme
nt
After that day, the school's band orchestra
units
they took part in the competition and showed an indicator of
88.3.
study
Compared
to average results, this is a good indicator
was
Determination
of economic
indicators for
buyer's
expenses
As for you, how much have you grown in the last 10 years?
You can say "I'm 10 years old". Or "I gained 50 pounds." Or,
"I currently wear a size 10C."
Different methods can be used to measure personal growth.
And
as an analogy, entrepreneurship and economic
activity is also shown as an indicator of development.
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