Social Studies

Taniya Combs

22 March, 00:03

One reason GDP (gross domestic product) might NOT be an accurate indicator of the health of a country's economy is that

GDP does not account for goods purchased from overseas.

GDP is favorably weighted toward very populous nations.

GDP will be affected too greatly by large increases in factory production

levels.

GDP relies on measuring spending, much of which (gambling, etc.) is not

really productive.