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Do countries want a high or a low Gross Domestic Product? Explain.

2 Answers

4 votes
Definitely high Gross domestic product (GDP)
User Naveed Ali
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3 votes

Answer:

High Gross Domestic Product

Step-by-step explanation:

Gross Domestic Product (GDP) is the total value of all goods produced in a country over a certain timespan. If a country has a high GDP, it is producing high value products. Overall this means higher productivity, higher employment, etc. It is generally considered the best metric for the overall state of an economy.

User Nicholas Shanks
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