Gross Domestic Product is a measure of who has the strongest economies in the world. ... Overall the measure of GDP is very important to the American economy and to the welfare of its citizens. ... There are quarterly measures every year to keep up with the measure of the whole year, these quarter reports can be seen on the Bureau of Economic Analysis's website. The expenditure approach, product approach and income approach are the three main ways that the BEA measures the GDP. ... The measure and ranking of a country's GDP is extremely important. ...

• Word Count: 1079
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

At this moment, the rise in inequality is the most critical issues that all of countries around the world are discussing. To some people, they may think this issue is not important because it is only jealous of the wealthy from some poor people. However, to me, the rise in inequality is the signific...

• Word Count: 502
• Approx Pages: 2
• Has Bibliography
• Grade Level: High School

Effect of technology on 1900-to-1950 time-traveler • The world filled with technological wonders • Horse-drawn carriages now replaced by streets and highways jammed with cars, trucks and buses • Skyscrapers and huge bridges • Planes carrying people across the continent in a matter of...

• Word Count: 1039
• Approx Pages: 4
• Grade Level: High School

Quality of Life Quality of life results from economic growth and is a measure of welfare or prosperity of an individual's standard of living by the country's population, which are based on factors like healthcare and education level. ... Unemployment is usually used to measure the health of the economy. ...

• Word Count: 2966
• Approx Pages: 12
• Has Bibliography
• Grade Level: High School