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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.

    Copyright:

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

    GDP Mind Map

    Uploaded by

    Nora Buchman
    1K 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
    1K 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)

    ate
    to

    good
    s an
    Consumption
    (C) GROSS DOMESTIC PRODUCT
    Wages r

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

    rvic
    P

    e
    with

    s fo
    Government Spending

    r
    Sol
    (G) Net Exports

    d
    Labor
    (I-X)

    in
    m
    Makes up
    Compensated for

    ark
    et

    eq
    as

    ua
    ls
    Public Servants Goods & Services purchased minus
    Imports Exports

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