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SashulF [63]
3 years ago
8

What does Gdp measure, and what are the four components of gdp?​

History
1 answer:
larisa [96]3 years ago
5 0

<em>According to this one article..</em>.

"The four components of gross domestic product are <u>personal consumption</u>, <u>business investment</u>, <u>government spending</u>, and <u>net exports</u>. 1  That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy."

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In 1935, two suitcases of South American cane toads made the journey from Puerto Rico where a similar scheme was successful to Hawaii and then on to Australia. Rather than hang out in the cane fields though, those original 102 toads set out across the continent and have mushroomed in number to more than 1.5 billion.

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Hope this helps :)

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