skraft20
Nov 14, 2007, 03:27 PM
What are some advantages and disadvantages of GDP (Gross Domestic Product)?:confused:
CliffARobinson
Mar 10, 2012, 01:36 PM
Advantages:
Objective means of comparing countries' economic health
Easier to measure money than other economic indicators
Disadvantages:
Doesn't take into account activity that doesn't include money changing hands
Doesn't reflect sustainability; can be affected by temporary conditions