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Why Aren't Financial Transactions, Sales of Secondhand Goods, and Household

question 272

Essay

Why aren't financial transactions, sales of secondhand goods, and household production included in measuring GDP?


Definitions:

FIFRA

The Federal Insecticide, Fungicide, and Rodenticide Act, which regulates the distribution, sale, and use of pesticides in the United States to protect public health and the environment.

Marine Protection, Research, and Sanctuaries Act

A U.S. law aimed at preventing ocean dumping to protect marine environments, also known as the Ocean Dumping Act.

Disposal Into Oceans

The act of discharging or dumping waste materials into the sea, often regulated to prevent environmental harm.

Superfund

A U.S. federal government program designed to fund the cleanup of sites contaminated with hazardous substances.

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