Economics

What Is Green GDP?

The green gross domestic product (green GDP or GGDP) is a measure of economic growth that takes into account the environmental effects of that expansion. Green GDP quantifies biodiversity loss and accounts for the costs of climate change. Physical measures (such as “trash per capita” or “carbon dioxide emissions per year”), which may be collected

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Is Recession Good?

The economy slows, unemployment rises, and businesses fail during these periods of recession. A recession, on the other hand, may have advantages, such as weeding out underperforming businesses and lowering asset sale prices. Inappropriate government policies can minimize or eliminate many of the benefits of the recession. What happens if the economy tanks? Almost everyone

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