Question
Select ONE of the following factors that influences GDP. Outline the various ways that this factor does influence GDP. Select one country (economy). Describe the
Select ONE of the following factors that influences GDP. Outline the various ways that this factor does influence GDP. Select one country (economy). Describe the characteristics of the selected factor in this economy. Analyse the impact of this factor either positively or negatively or both on the economic growth of this economy.
War (weapons) in other countries or in the country at war. e.g. Ukraine- (lend Lease)
Climate change and global warming (current & future GDP eg India)
.Inventions or innovations and entrepreneurship. e.g. Silicon Valley California
Population of the country and the demographics of the population. e.g. China and the effect of the one child policy
The status of woman ( Arab countries) and the participation of women in the workforce (the effect on GDP if 50% of potential workforce does not work and add production to countries GDP).
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