Monday, March 30, 2015

Emma Spreng, Chapter 9, Question #7

This chapter talks about how difficult it really is to come to an accurate measure of economic progress and health of different countries. By reading this, I have all learned all the different aspects of figuring out a countries GDP, and I also found it interesting that per capita GDP can conceal the issues and struggles of low earners because the high earner basically cancel the low earners out. From learning this new information, I realized that there are probably tons of countries that are ignored and the population of people aren't aware that these countries might need help because they are only looking at their GDP, and once they see that a countries GDP is Ok, they will forget about it and move on, when in reality everything isn't ok.

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