The Unites States has a higher gross domestic product when compared to other developed countries
Gross domestic product is an economic indicator that represents the value of all goods and services produced by a country during a given period (usually one year) used to measure the wealth that a country generates.
For example, in 2019, the GDP of the United States was about 21.4 trillion dollars, while the GDP of other developed countries such as China was about 14.3 trillion dollars, and Japan had a GDP of about 5 trillion dollars. From the above, it can be United States has a higher gross domestic product.
On the other hand, United States does not have the highest standard of living because countries such as finland have a higher standard of living, still United States has a relative unemployment rate and its economy is based in the gold standard.
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Answer:
D
Explanation:
Filipino president Ferdinand Macros served as the 10th President of the Philippines from 1965 to 1986.
He established the authoritarian regime
His regime was known for corruption and suppression of democratic rights
The Second Industrial Revolution, also known as the Technological Revolution, was a phase of rapid scientific discovery, standardization, mass production, and industrialization from the late 19th century into the early 20th century.
In the 1760's Great Britain started imposing taxes on the colonies to pay off the French and Indian War. Colonists who didn't want to pay the taxes would smuggle goods in.
