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Economies Around the World
by Gail Fay
Review by Alyssa
Every country in the world has an economy. Gross domestic product (GDP) measures the strength of a country's economy. The dollar amount is the value of all goods and services produced within a nation in one year. A higher GDP means the country is using its resources effectively to make a lot of products. It also means the country has consumers who have capital resources to buy what is produced. A lower GDP means either the country is not using its resources effectively, or the country has very limited natural, capital or human resources to work with.
I would recommend this book to anyone who would want to know the full background on what economies are all around the world. This book is recommended for high school students.
GPD sounded familiar while I was reading. This is the perfect time for me to back in the book and read it to found out! -Akiera
ReplyDeleteWe are learning about the economy in our economics class. Do you think that this would be a good review?
ReplyDelete-Emily
Nadasia: i didn't know what GPD was. But i know now
ReplyDeleteAlyssa, what is so interesting to me is that the GDP of one country can affect that of another. The trouble in Greece has led to other economies in the European Union to falter. Perhaps you will go on to solve all our world's economic problems! <3, Mrs. Haas
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