true
Accelerated economic growth, Including GNP, Export growth and comprehensive national strength. Rapid rise of educational acquisition which leads to high investments..
An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.
business,economic forecasting
pooland
GNP: GNP ( Gross national Income) this can be measured in the three ways but bone of them is perfect. 1. Total product approch: according to this method the market value of the goods and servics porduced in a year are added together and this is the reason that
True(Kaylop)
ways to measure economic growth:1 GDP- gross domestic product2 GNP- gross national productThese show how much money is flowing around the economyhope this helps
It is often argued that the transcontinental railroad increased the national GNP, but an economic study shows that the GNP would have remained the same without the railroad, but it would have been concentrated in the East.
Accelerated economic growth, Including GNP, Export growth and comprehensive national strength. Rapid rise of educational acquisition which leads to high investments..
An increase in the GNP does not always reflect the standard of living and economic welfare of the general population, though it usually does.
business,economic forecasting
pooland
GNP: GNP ( Gross national Income) this can be measured in the three ways but bone of them is perfect. 1. Total product approch: according to this method the market value of the goods and servics porduced in a year are added together and this is the reason that
Gross National Product (GNP) helps measure a country's economic performance by calculating the total value of goods and services produced by its citizens and businesses, both domestically and abroad. It provides a broader view of a country's economic output compared to GDP, as it includes income earned from overseas investments. GNP helps policymakers assess the overall economic health and potential of a nation, making it a crucial indicator for economic planning and decision-making.
The economic growth and the size of the US economy, allowed for the US to base literally tens of thousands of troops abroad and develop a strong and sophisticated military. The top four economies in the world in 1950 was as follows:GNP & GDP of the top four economies in 19501. US 381 Billion GNP and $2,346 GDP;2. USSR 126 Billion GNP and $699 GDP;3. UK 71 Billion GNP and $1, 393 GDP; and4. France 50 Billion GNP and $ 1,172 GDP.Basically, the economic power of the US enabled it to dominate the world on a military basis.
Poverty
The years of 1913 and 1914 are often used by economists and military historians when analyzing the major world powers just before WW 1 and the year prior to that. In the case of Great Britain and the US, Great Britain had a huge lead over the US in terms of economic growth and GNP. For the US, only 8% of its GNP was derived from growth in foreign trade. Whereas Great Britain was a world leader. It's foreign trade was about 26% of its 1913 GNP.