| 释义 |
social accounting
social accounting n (Economics) the analysis of the economy by sectors leading to the calculation and publication of economic statistics, such as gross national product and national income. Also called: national accounting Social Accounting
Social AccountingA way to calculate economic growth in which one aggregates the growth or decline of each sector of an economy. For example, suppose a simple economy has three equally-sized industries: agriculture, manufacturing, and construction. If agriculture has grown 5%, manufacturing has grown 2%, and construction has declined 1%, then the total growth is 6% (5% + 2% - 1%). A major example of social accounting is the calculation of a country's GDP. |