By definition GDP is the market value of produced goods and services provided in the economy usually in one year. So the production of a luxury car contributes more to GDP than the production of an economy car because the luxury car has a higher market value.
Luxury car as the auto maker makes more profit on the expensive car, thus putting more back into the economy.
luxury cars cose it has more market value
textile industry is the backbone of Pakistan economy
Bmw e28 M5! Same production years, more luxury and it's a Sedan.
Manufacturers could produce more luxury cars for the wealthy.m
it contributes to jamaicas economy because it helps up to get more planted food and it also help to fertile the soil.
can be produced only if there is less production of some other products.
That sounds more like China's economy.
Consumers begin buying more and companies increase production
Energy.
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
Socialization leads to apathy. Apathy in a majority of people leads to less production and a weakening economy. A weakening economy will result in the need for more socialization