Running Head : MARKETING WEEK 2 JOURNALMarketing week 2 Journal[Name of Author][Name of University]Marketing Week 2 JournalThe components of the Gross Domestic gain (GDP ) ar the canonical major forces effort the economy . This is because an increase in the amount of these components in any case means an increase in the GDP of a certain country A utmost GDP means a high income of a countryThese be : personal white plague , investments , governing spending and net exports (the repute of exports minus the value of imports (Costales 2000 . Personal consumption is the expenditures of households on basic necessities in which receipts are being issued . A no-receipt corrupt or something that is not registered to the government as a stock is not included , as it is a part of the disconsolate market . Investments , on the other hand are capitals that are being used in businesses . These are non-financial product purchasesGovernment spending is the expenditures of the government in providing goods for the public , wages for the public workers and purchases of sectors of the government . However , it does not encompass social security or benefits . And last , is the net exports , the difference of the exports , goods produced for out of the country consumption , and imports , goods that come from other countries for consumptionThere are also impudent forces driving the economy . These are breakthroughs that were discovered as time passed by and prove true to improve economic performance . specifically , these are : technology and entrepreneurshipTechnology has now been a great divine service in the development of the economy because of its benefits (Henry and Cooke , n .d .
Development of new technology makes costs lower for the producers and provides means for businesses to transact among others . On the other hand , entrepreneurship is the one who thinks of innovations that may be act . This is because introduction of new things prove useful to both consumers and producers . They also initiate job growth as they employ employeesReferencesCostales , A . C , A . E . Bello , M . A . O . Catelo , A . C . Cuevas , G . I Galinato and U-P . E . Rodriguez . economic science : Principles and Applications Quezon City : JMC Press , Inc Information Technology Industries - of Growing impressiveness to the deliverance and Jobs . Retrieved October 25 , 2007 , from http /www .technology .gov /digeconomy /append1 .pdfTesreau , K . and Gielazauskas , V . Entrepreneurship : A Driving Force in the New Economy . Retrieved October 25 , 2007 , from http /www .ded .mo .gov /researchandplanning /community /econ_policy /entrepre neurship .stmMarketing Journal knave 3...If you want to get a full essay, order it on our website: Orderessay
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