Industry Growth and GDP

September 27, 2021

Industry Growth and GDP Growth

Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10

Instructions:

1

Industry Growth and GDP Growth

Case Study: Industry Growth and GDP Growth

Overview

GDP represents the total output and the total income in the economy. The source of GDP is the production by various producers and industries. As such, each industry has a share in GDP. This

means that, if the industry grows, then its share as a percentage of GDP grows as well. Moreover, when GDP grows, income level in the economy increases. As a result, some industries in the

economy expand when GDP and the income level rise. For example, industries that produce luxury commodities such as brand-name shoes, vacation packages, organic food items, movie theaters,

expensive coffee, and so forth, grow and expand when household income rises. Other industries such as dollar stores, thrift shops, fast food restaurants, generic brands, and public transportation

expand when the household income declines.

Assignment Description

For this assignment, you need to choose an industry and then analyze the growth pattern of that industry during periods of recession and periods of expansion. Examples of industries that you

could choose from include auto, airline, higher education, food, healthcare, agriculture, housing, social media, fast food, sport, gaming, pharmaceutical, and movie industry, or whatever other

industry you prefer. Remember, you are analyzing the growth pattern of the industry, not a specific commodity. The goal of this assignment is to

analyze the growth pattern of a specific industry;

identify the sources of the growth; and

determine the relationship between GDP growth and the growth of that industry.

Your research needs to be structured with consistent and clear thoughts. It also needs to be supported by facts and data. Your results need to be based on solid facts. Your conclusion and opinion

need to be thorough and based on your findings and understanding of GDP, the sources of GDP growth, and the growth pattern and sources of your industry.

Writing Style and Page Number Requirements

Font Type: Times New Roman or Arial

Font Size: 12

Spacing: Double

Number of Pages: Four pages long, including a separate Title page and a separate References page

Structure and Requirements

Title Page

Title of the paper

Name of the author

E-mail address of the author

Class name

Professor’s name

Date

Introduction Provide an overview of the industry, its size (market share), its output level, its growth pattern, its employment share (how many people does it employ), and key challenges and opportunities this industry faces.

Data

Obtain data from at least three credible sources (not Wikipedia) to provide facts about the industry output over 10 years and the sources of the growth (changes in regulations, changes in consumption, changes in investment, changes in government purchases, or changes in net export).

Obtain data about changes in GDP growth rate for the same period (10 years).

Use tables, graphs, and figures to support your argument.

Analysis Here, you need to discuss the sources of the growth pattern and how and why these sources affect the growth or decline of the industry. In addition, discuss the relationship between GDP growth rate and the growth rate of the industry. Moreover, discuss the effect of the growth of the industry on the growth of GDP, and/or the effect of GDP growth on the growth of the industry. Make sure you discuss the effect of different stages of the business cycles (recession and expansion) on the industry.

Conclusion Provide your own final thoughts, opinion, and understanding of the different forces that impact the industry. In addition, state your thoughts about the future of the industry and provide recommendations for expanding it.

Reference List Use at least three professional sources to support your argument. The references need to be in APA format. To learn more about APA format, click on the link below. APA Resource

Revised 6/18/18

Industry Growth and GDP Growth

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.

Literature Support

91-84 points

The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.

Methodology

58-53 points

Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.

Average Score

50-85%

40-38 points

More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.

83-76 points

Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.

52-49 points

Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.

Poor Quality

0-45%

37-1 points

The background and/or significance are missing. No search history information is provided.

75-1 points

Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.

48-1 points

There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met

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Industry Growth and GDP Growth