Understanding the overall health and performance of an economy benefits a country and its people in a variety of ways. For instance, it is important to know how an economy performs well because it raises the standard of living, lessens the need for government assistance, and helps boost opportunities for entrepreneurship and foreign trade. When an economy is unhealthy and GDP is not strong, standards of living can fall.
Using a respected news organization’s website or an online magazine, locate one current article or periodical that reports on the US economy and the US gross domestic product (GDP).
1. Briefly describe the article and what it says about the US economy.
2. Include a hyperlink to your article at the end of your post.
For help locating an article, you can use websites such as cnn.com, abcnews.com, foxnews.com, and newsweek.com. You can also enter a topic into a search engine and then narrow the results to news sources.