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    GDP Mind Map

    Uploaded by

    Nora Buchman
    The document outlines the components that make up Gross Domestic Product (GDP) in 3 categories: 1) Consumption (C) which includes goods and services purchased by households. 2) Investment (I) which includes capital goods created to make future goods and services. 3) Government Spending (G) on goods and services for public servants. Net Exports (I-X), the value of a country's exports minus imports, is also a component of GDP. Together these components (C + G + I + I-X) equal Gross Domestic Product.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd

    GDP Mind Map

    Uploaded by

    Nora Buchman
    957 views1 page
    The document outlines the components that make up Gross Domestic Product (GDP) in 3 categories: 1) Consumption (C) which includes goods and services purchased by households. 2) Investment (I) which includes capital goods created to make future goods and services. 3) Government Spending (G) on goods and services for public servants. Net Exports (I-X), the value of a country's exports minus imports, is also a component of GDP. Together these components (C + G + I + I-X) equal Gross Domestic Product.

    Original Description:

    A Concept Map illustration the relationship between the components of Gross Domestic Product.

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    © Attribution Non-Commercial (BY-NC)

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    The document outlines the components that make up Gross Domestic Product (GDP) in 3 categories: 1) Consumption (C) which includes goods and services purchased by households. 2) Investment (I) which includes capital goods created to make future goods and services. 3) Government Spending (G) on goods and services for public servants. Net Exports (I-X), the value of a country's exports minus imports, is also a component of GDP. Together these components (C + G + I + I-X) equal Gross Domestic Product.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    957 views1 page

    GDP Mind Map

    Uploaded by

    Nora Buchman
    The document outlines the components that make up Gross Domestic Product (GDP) in 3 categories: 1) Consumption (C) which includes goods and services purchased by households. 2) Investment (I) which includes capital goods created to make future goods and services. 3) Government Spending (G) on goods and services for public servants. Net Exports (I-X), the value of a country's exports minus imports, is also a component of GDP. Together these components (C + G + I + I-X) equal Gross Domestic Product.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    Create domestic

    Goods and Services Capital Goods

    e
    se h as
    h a r c
    rc pu
    pu

    Business

    Makes up

    in
    t
    o
    Households

    Investment

    Cre
    (I)

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    s an
    Consumption
    (C) GROSS DOMESTIC PRODUCT
    Wages r

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    fo C+ G + I + (I-X)
    ays

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    P

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    Government Spending

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    Sol
    (G) Net Exports

    d
    Labor
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    m
    Makes up
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    ls
    Public Servants Goods & Services purchased minus
    Imports Exports

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