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Gross Domestic Product (GDP) Explained: What it is and Why it Matters Gross Domestic Product (GDP) is a measure of the economic output of a country or region, which is determined by the sum of all goods and services produced within its borders. It is a key indicator of a country’s economic health, as it provides a snapshot of the total output of goods and services available for consumption. What..

What is Economics? An Introduction to the Study of How Societies Allocate Resources Economics is a social science that studies the production, distribution, and consumption of goods and services. It is a multifaceted discipline that encompasses many different areas of study, including history, philosophy, mathematics, business, and public policy. The goal of economics is to understand how societ..