is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
In 2021 The USA had the highest GDP, at the same time In 2021, Burundi reported the lowest per-capita GDP ever.
Interesting facts about GDP:
1. Unpaid work doesn’t count
2. Products that have been resold don’t either
3. A healthy GDP rate would be about 2 to 3 percent
4. GDP can be too high
5. Governments don’t have a whole lot of power to change the GDP