spot_img
Tuesday, November 5, 2024

What is GDP – Gross Domestic Product? 

Exclusive
spot_img

Alright, let’s say your village is like a small country. Everyone in the village does different things to earn money—some people grow crops, others keep animals, some make clothes, and a few runs small shops.

GDP (Gross Domestic Product) is like adding up all the money that everyone in the village earns in a year by selling their crops, animals, clothes, and other things they make or do. It’s a way to measure how much wealth or value the entire village creates in a year.

So, if you add up all the money from the crops, the milk, the clothes, and everything else produced in your village, that total amount is the GDP of your village. The bigger the GDP, the more productive and wealthy your village is considered to be.

spot_img
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Exclusive

Gachagua Seeks Raila’s Help Amid Impeachment Threat

0
Deputy President Rigathi Gachagua is facing a serious political crisis. He seeks assistance from former Prime Minister Raila Odinga. Gachagua wants to avoid impeachment....

Is John Mbadi the standout figure in Luo Nyanza’s political arena?

0
John Mbadi has emerged as a significant figure in Luo Nyanza's political landscape. This is particularly after his appointment as the ODM national chairman...

Politics return to the church as Ruto and Gachagua’s allies take the pulpit.

0
In recent events, the political landscape in Kenya has seen a notable intersection with religious institutions. This is particularly clear. Prominent political figures like...

What To Do To Impeach a Deputy President in Kenya.

0
Impeaching a Deputy President in Kenya is not an easy task. It can be done through two ways: impeachment or on grounds of incapacity....

Plot to Jail Gachagua: Kiambu Senator’s Claims.

0
Kiambu Senator alleges a plot to imprison Deputy President Gachagua, sparking political controversy and public debate. Kiambu Senator Karungo Thang'wa expressed concerns about a plot...
Latest News

The History About Sagging

It is all known that sagging is a common fashion that can be seen out there on daily basis...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img

THE IMPORTANCE