Sign In
Ask Question
History
Tristan Fuller
23 September, 06:51
What does gross national product measure?
+3
Answers (
1
)
Gabby
23 September, 08:19
0
The gross national product, or GDP, measures the nation's total economic activity. It is pretty much the value of all goods and services in a economy. GDP is very important because it is one of the ways to see how a economy is functioning, and to see if the country is doing good or not. If a countries GDP is always going up, they're doing really good, but if a country has its GDP going down, then the company is not doing so well on making profit. If a economies GDP goes down, that's profit they're losing, and if it keeps going down, the economy could go broke. What GDP calculates is the products that the country makes, which is profit towards the country, but GDP does not include any products that are made by foreign companies.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“What does gross national product measure? ...”
in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How did Sun Yat-sen respond to Qing rulers' resistance to modernizing China?
Answers (1)
The main goal of the Japanese in their attacks against the United States in December 1941 was what
Answers (1)
The Aryans did all of the following except a. invaded the Indus valley c. valued warfare and fighting b. began farming and settling d. adopted Harappan language and writing
Answers (1)
General howe, the british commander, believed he could defeat the americans by
Answers (1)
Which is true of European education in the Middle Ages? The feudal lords were responsible for educating the clergy of the Catholic Church. The Catholic Church opposed learning and forbade its clergy to read.
Answers (1)
New Questions in History
Which is one way religion has contributed to ongoing challenges in the Middle East?
Answers (1)
What's the best way to study? Because I have a Integrated Science 1 test about the rock cycle and then one on History about early Empires
Answers (1)
How did revolts against the roman catholic church affect northern european society?
Answers (1)
How did the end of World War I affect the economic opportunities available to women and African Americans? A.) It had little effect on elther group. B.) Both groups enjoyed Increased opportunities after the war. C.
Answers (1)
Which region of the country-east or west of the Mississippi-was better off in 1934?
Answers (1)
Home
»
History
» What does gross national product measure?
Sign In
Sign Up
Forgot Password?