Why Can Defining "Children" Solely by Age Be Problematic

question 74

Essay

Why can defining "children" solely by age be problematic?

Grasp the concept of value added in the production process.

Know the differences between GDP, NDP, GNP, and other economic measures.

Understand the treatment of exports and imports in GDP calculations.

Appreciate the role of investment, including net and gross investment, in the economy.