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kompoz [17]
2 years ago
15

What are GDP and GDP per capita?

Social Studies
1 answer:
OverLord2011 [107]2 years ago
4 0

Answer:

GDP-Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period

GDP per capita-GDP per capita stands for Gross Domestic Product (GDP) per capita (per person). It is derived from a straightforward division of total GDP (see definition of GDP) by the population.

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2 years ago
What are the words that describe democracy in this excerpt?
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<h3>What is Democracy</h3>

Democracy is a form of government where the people have the freedom of coming together to decide legislation and in areas where they are unable to do so, they may delegate individuals to help them out.

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This definition by President Lincoln illustrates that in a democratic  setting, the people hold absolute power in deciding their leader.

This also means that the people are in the center of the government because the government is run by their elected representatives.

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According to Keynes, if aggregate demand is too high and an inflationary gap is beginning to develop in the economy, fiscal poli
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2 years ago
Universal developmental patterns, individual development, and social and cultural experiences are essential elements of
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</span>The concept is based on integrating early habits with desirable behavior in the education process.
6 0
2 years ago
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