Role of GDP in the Sustainable Growth Era
While there is a correlation between economic growth and the increase in living standards, economic theory is evident in the purpose of the Gross Domestic Product (GDP) measurement. GDP measures only the production capacity and economic growth, not the nation's development, as often claimed by...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
The Academic Research and Publishing UG (i. G.) (AR&P) LLC
2023-09-01
|
Series: | SocioEconomic Challenges |
Subjects: | |
Online Access: | https://armgpublishing.com/wp-content/uploads/2023/10/SEC_3_2023_8.pdf |