answersLogoWhite

0

Most countries, including the United States, began adopting the Gross Domestic Product (GDP) as a primary method for measuring national economic health in the mid-20th century, particularly after World War II. The formal use of GDP as a key economic indicator gained prominence in the 1930s and 1940s, with the U.S. starting to publish GDP data in 1947. By the 1950s and 1960s, GDP had become the standard measure for evaluating economic performance globally.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

When did most countries including the US switch to gross domestic product method of calculating the nation's economic health?

Most countries, including the United States, began adopting the gross domestic product (GDP) method for calculating economic health in the mid-20th century. The formal adoption of GDP as a primary measure occurred after World War II, particularly with the establishment of the United Nations in 1945 and the subsequent development of standardized national accounting systems. By the 1950s and 1960s, GDP became the dominant metric used for economic analysis and policy-making worldwide.


Which continent has the most independent countries (including island nations)?

Africa has the most independent countries, including island nations. Africa is home to 54 countries, making it the continent with the highest number of countries.


Which countries did they come from?

The migrants in question originate from various countries including Syria, Afghanistan, and Sub-Saharan African nations.


Where does Japan import from?

Japan imports from many nations, including the United States. Additionally, many nations import from Japan and other Asian countries in the world.


How many nations in the world?

There are 195 countries in the world, including 193 member states of the United Nations and 2 observer states, the Holy See and the State of Palestine.


How much countries there are in the world?

There are 195 countries in the world, including 193 member states of the United Nations and 2 observer states (the Holy See and the State of Palestine).


What was the UN's role in the cold war?

well the United nations were responsible for helping South Korea fight against North Korea. The United Nations did not help during the Vietnam War. The United Nations have only helped in the wars including two or more countries. well the United nations were responsible for helping South Korea fight against North Korea. The United Nations did not help during the Vietnam War. The United Nations have only helped in the wars including two or more countries.


What nations were favored by the National Origins Act of 1924?

European countries including Scandinavia, Ireland, Germany, and Great Britain


The sovereign status of native American tribes is known as what?

Your cheating on plato!Study..... stop being a dick an help me


What continent in the southern hemisphere has most countries?

Africa is the continent in the southern hemisphere with the most countries. It is home to 54 countries, including large nations like South Africa, Nigeria, and Egypt.


Is the United Nations the same thing as the US?

no, the US is part of the united nations The United Nations is a body of countries which has several branches to it. So the US is one of the countries which is a member of the United Nations


What is 23 C in N A?

"Twenty-three Countries in North America" (that's including Central America and the island nations of the Caribbean).