Overview
Investment spending plays a crucial role in shaping a country's GDP. It involves expenditures on capital goods that enhance production capabilities, leading to economic growth. When businesses invest in new technologies or infrastructure, it not only increases their output but also creates jobs, sti...
Key Terms
Example: The GDP of the USA was $21 trillion in 2020.
Example: A company buys new machinery to increase production.
Example: Factories and machinery are considered capital goods.
Example: Economic growth is often measured by the rise in GDP.
Example: When a factory invests in new equipment, it creates jobs, leading to more spending in the community.
Example: A sudden increase in investment can quickly boost GDP.