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How Are Computers Important in Our Lives Individually and as a Society

question 18

Essay

How are computers important in our lives individually and as a society? What are some assumptions that could be made about computers in the future?


Definitions:

Gross Domestic Product

The complete financial or market worth of all the end products and services created inside a country's limits over a certain timeframe.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to sell at a given overall price level in a given time period.

Aggregate Expenditure

Total spending on final goods and services in an economy during a given period, usually a year.

Net National Product

The total value of goods and services produced by a country's citizens, adjusted for depreciation; it reflects the nation's overall economic productivity after wear and tear on assets.

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