Identify a limitation of using gross domestic product (GDP) as
a measure for development. (1 point)
It doesn’t account for income distribution.
It overemphasizes health indictors such as life
expectancy.
It overemphasizes environmental sustainability.
It doesn’t account for the value of services in the
economy
It doesn’t account for income distribution.
The correct answer is: "It doesn’t account for income distribution."
Explanation: GDP is a commonly used indicator to measure the economic activity and development of a country. However, it has limitations in capturing the overall well-being and quality of life within a nation. One significant limitation is that GDP does not take into account income distribution. While GDP provides a measure of the total value of goods and services produced within a country, it does not consider how that wealth is distributed among the population. In other words, GDP growth does not necessarily translate into equitable distribution of wealth and resources. Therefore, relying solely on GDP as a measure of development may overlook issues related to poverty, inequality, and social well-being, which are important factors in assessing the overall progress of a country.