Taxes and Tariffs
Temperature Balance
Water Levels
Customer Services
Emmisions
Waste generation
Work Force Need
Employed Population
Consumption of Goods
Population
Increase in the population leads to GDP increases.
We are experiencing a rising middle class in the world right now, which increases the purchasing power of a lot of people. Not only are people getting richer, but they are having the time and resources to self-fulfil. This leads to a never-ending demand for goods.
See attached link.
Living Standards
Living standard and GDP are a reinforcing loop (see source)
Resources Availability
Use of Services
Resources Extraction
Production
https://www.investopedia.com/ask/answers/060115/how-does-gross-domestic-product-gdp-affect-standard-living.asp
https://www.weforum.org/agenda/2018/05/gdp-is-destroying-the-planet-heres-an-alternative/
Underemne
GDP
Assumptions:
- GDP is the best measure for economic
- This is modelled for an open economy.
- Although this could be specific for a single country this is a model for the world as whole.
