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Abhishek Dubey Johny Jose Kumar Harsh Lahar Solanki Subho Banerjee
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WHAT IS GDP?
GDP
represents the total monetary value of all goods and services produced by a country over a specic time period. to the income statement of a company.
per capita, is the measure of GDP taking into consideration the size of the nation (resident population).
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Two
methods - Adding up what everyone has earned. - Adding up what everyone has
Income Approach
Expenditure Approach
spent.
International
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Distribution - Does not account for variance in income of demographic. Market Transactions - Open Source Software. Estimated cost to develop Linux for servers is 5.3 billion dollars. company. - GDP is similar to an income statement of a
Non
Asset Value
Unorganized
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The
Primary
ago...
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Primary
Sector - Agriculture
Economic
theory says developed countries move away from predominantly agrarian economies. Sector?
Secondary Primary
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Secondary Sector - Manufacturing. Manufacturing comes into prominence with the Industrial Revolution and leads has several socio-economic effects
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The stage of development of a country can be gauged by the predominant sector of the economy.
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DATA
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Text
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Agriculture
Manufacturing
Services
Agriculture
Manufacturing
Services
42%
33%
25%
Agriculture
Manufacturing
Services
57% 26%
Agriculture 80
Manufacturing
Services
60
40
20
United States
EU
Japan
Nigeria
China
GAPMINDER
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CLOSING REMARKS
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FURTHER READING
All Images are links to relevant articles
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