GDP is purchases from consumers, investments and purchases from businesses, government spending, and net exports, and most of GDP comes from consumer spending.
Americans have a lot of money compared to the rest of the world, so we spend a lot of money.
High GDP because it means more money.
The 2012 estimate for the US' GDP was $15,650,000,000,000.
The best market in the world is one with high GDP growth and 0 unemployment, but this type of market is also very rare.
Yes it is good to have a high GDP per capita.
oil makes up approximately 2.6 percent of the US GDP. The Us has a GDP of 13,926.7 billion dollars, and oil the oil market in the US is worth about 366.2 billion.
The GDP per capita in Romania is low; for 2009 was cca. 7 300 US $.
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
High GDP because it means more money.
The 2012 estimate for the US' GDP was $15,650,000,000,000.
In the year 1919, the GDP of US was at 78.3. The GDP rose to 88.4 in the following year.
The best market in the world is one with high GDP growth and 0 unemployment, but this type of market is also very rare.
Yes it is good to have a high GDP per capita.
Because of China's secrecy and the unreliability of the figures they publish, it is very difficult to tell how much bigger the GDP of the US is compared to China. Even so, experts estimate that there isn't much difference between both countries and China will have a larger GDP than the US by 2017.
Greece is a developed country with a very high human development index (HDI) and high GDP per capita.
The GDP of haiti is $6.95 Billion US Dollars
The US GDP in 2007 was $14.48 trillion. This was before the global financial crisis in 2008 which had a significant impact on the US economy.
oil makes up approximately 2.6 percent of the US GDP. The Us has a GDP of 13,926.7 billion dollars, and oil the oil market in the US is worth about 366.2 billion.