Highlight the problems associated with using Gross Domestic Product and Gross National Product as indicators of economic development

      

Highlight the problems associated with using Gross Domestic Product and Gross National Product as indicators of economic development

  

Answers


Dana
They do not consider population growth
They ignore the costs to society occasioned by environmental degradation, urbanization and industrialization
They ignore income distribution
There are many conceptual problems associated with measurement of Gross Domestic Product and Gross National Product

Dana05 answered the question on July 3, 2019 at 11:07


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