by making more profuis to other countries
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Importance of the Economy.By 1950 people generally recognized that the nation's economy-the financial performance of its businesses-affects every American personally. The security of our jobs and how much we earn doing them, the cost of the goods we buy, the price we pay to borrow money, and the interest we get by saving it are all directly related to the health of the economy. During the 1950s the American economy was the strongest in the world. Biggest in the World.A nation's prosperity is measured by its national income-the value of all the goods and services it produces, also called the gross national product (GNP). By that measure, as by many others, the United States was the unquestioned world leader after World War II. In 1950 the U.S. GNP was $284.6 billion, and by the end of the 1950s it had increased to $482.7 billion. Enotes
Tobacco was a very successful crop in the colonies, especially Virginia. Introduced by John Rolfe, tobacco quickly became the staple of the colonists' economy.
I believe it was the growth of the iron industry mixed with the expansion of America to the West. After the canal boom, waterways were getting too expensive to build and maintain, so the internal improvement initiative shifted its focus to the new idea of coal-driven trains as a better way of moving bulk product and as a direct link from the national hub of the East to the newly settled West, out near the land gained from the Mexican-American War.
In the US, some things are named by the commercial product name (e.g: band aid in the US, a plaster in England), as well as the fact that America has had influences from other countries languages since it was 'discovered'
by making bacon taste good(:
by making bacon taste good(:
It was 8 times greater
The most used statistic on GNP has changed to GDP. With that said the closest estimate of GNP of Kenya is between 19 to 23 $Billion.
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The Gross Domestic Product and Gross National Product are measurements of the value of the total worth of a nation. Domestic product calculates based on the physical borders of the country, whereas the National product calculates based on its citizens, even if those citizens are out of the country.
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(gross national product or GNP) minus depreciation = net national product
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A and C Net national product/ depreciation net national product/ capital consumption
A and C Net national product/ depreciation net national product/ capital consumption
A and C Net national product/ depreciation net national product/ capital consumption