How do you think a country's GDP affects its citizen ability to consume

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Chemistry

Lillianna Vang

8 May, 08:40

How do you think a country's GDP affects its citizen ability to consume

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Dork · Answer 1

The larger the GDP the better the overall economy of the country. It means more produced equals more for domestic consumption and hopefully an excess for export. It is essentially the production of wealth that will increase the standard of living for every citizen. Remember, GDP is the measure of the value of the gross domestic production of goods and services.