How do you think a country's GDP affects its citizens' ability to consume?

Question

Tyrell Reyes

Chemistry

29 July, 16:14

How do you think a country's GDP affects its citizens' ability to consume?

+2

Answers (2)

Know the Answer?

Trey Wagner · Answer 1

Because they don't know what to do in the world.

Gisselle Orr · Answer 2

The larger the GDP the better the overall economy of the country. It means more produced equals more for domestic consumption and hopefully an excess for export. It is essentially the production of wealth that will increase the standard of living for every citizen. Remember, GDP is the measure of the value of the gross domestic production of goods and services.