6,000 ($ 2,200) . Of is left over for financing State expenditure and accumulating investment capital, On the other hand, in the first case the labourer , who must also consume as food the national product he has obtained by his hardwork, makes practically no contribution to the amassing of productive capital in hios national economy.
- One can regard the nations oversall accountancy as a sort of concise book-Keeping embracing all the countrys economic units. In book-keeping form the economic output its consumption are repersented as the orgination, distribution and utilization of the incoming goods and the corresponding incoming revnues.
Period - Federal Republic 9.0 6.2 5.5
- France 4.4 4.3 4.4
- Italy 6.0 5.9 2.6
- Unitedkingdom 2.5 4.4 8.0
- United states 4.2 2.3 1.9
The most comphrehensive, expression for the nations economic for the achievement is the national product. In federal area excluding west BERLIN, T he GROSS NATIONAL PRODUCT IN 1961 AMOUNTED TO 310.400 MILLION DM ( $&&,600 MILLION+$27,700 million. This was 9.9 percent more than in the previous yearand more than three times higher ( 319 n percent). than in 19---. Even if rises in price ruled out, The 19-- economic output, expressed as the real national productwas 5.5% more than in the previous year and more than three times higher(319 Percent) than in 19--. Even tf in price are ruled out, the 19-- economic output, expressed as the realwas 5.5 percent more than in the previous year and more than three times higher ( 319 percent) than in 1950. Even if rises in price are ruled out, the 19-- economic output, expressed as the real national product, was 5.5% more than in previous year and more than double (223 percent)than in19--. The growth of Federal Republics economy in the last decade has been particulary impressive, if compared with the position in Other Western countries listed in the table, the conspicuouusly varying averagerates of growth mean in the part nothingmore than a gradutal approximation to the level of output in the intial year, 19--
when there were still very great differences. - Agriculture and forestry fishing 10.4 ------
- Minning and power industry 5.5---------
- Manfacture trade 38.3
- Building trade 5.6
- Transport and communications 13.4
- Banking and insurance companies 7.3
- house letting 2.5
- state 2.9
- other services 7.9
At intergal part of the economic expansion , in the Federal Republic since 19-- has been tied up with the creation of new jobs for nearly 6 million persons (=42.9 Percent) in dependent employment. In 19-- , 1.6 million were still unemployed . Some 2.2 million additional employable persons have come into the countrys economic output per employees often regarded
as a standard for gauging development of the productivity of the economy as a whole_ also clearly , shows that, in comparision with the position in other countries, the situation in the Federal Republic has been particularly favourable
From the point of view of origination, production and capital goods and durable consumer goods were mainly responsible for the development in the Federal Republic Above average rates of growth were achieved by paticularly, banks and insurance concerns and the building trade:
under_ average by agriculture and fishery, minning and the railways , According , the respective shares taken by these sectors of the economy - expressed as percentage of the gr national product_ the income. The national income is the sum total of income earnings and property accruing to the employeees, employers and advancers of capital sharing in the production process. It is calculated by deducting the write-offs and indirect taxes from the Gross
national production process. It is calculated by deducting the write-offs and indirect taxes from the gross national product. In 19-- it amounted 240,800 million DM($60,200 million=$21,500
million). Compared with 74,500million Dm ( $!7,700million=$6,300 million)in 19--. The table of the distribution shows that the incomes from dependent rose more sharply than the national income, thus the so-called wages quota is higher than it was in 19---. The national insurance contributions direct taxes and saving also increased above the average, On the otherhand the increase incase of the national pensions for officials the cash payments, in respect of unemployment insurance and benefits falling within the scope of the national healthinsurance scheme and above all, relatively smaller than that of the national income. - Federal Republic 6.2
- France ---
- Italy ----
- United kingdom 1.8
- United states 3.4
The origination of goods in production corresponds to the utilization of goods for consumptions or investments but also the goods and services has increased more than sixtimes since 19--
imports more than five times, Together, the two _ the so called the foreign trade volumes already amout to half as much as the national product. it is difficult to over-estimate the importance of these factors for advancing economic prosperity.
