The trouble with GDP

What is GDP?

fileGross Domestic Product GDP is the aggregate of goods and services produced in a country. GDP — is the sum of all goods and services produced in an economy in one year. Since that was several years ago, we’re going to update our ‘divided equally’ figure to $42,008 for 2005, based on GDP of $12,455.8 (in billions of dollars) and a 2005 population of 296,507,061.
We all know that dividing equally is not how we divide things up in this country. There are the rich, the poor, and those of us who are sandwiched in between. The rich get theirs off the top, the poor scrape theirs off the bottom, and those left in the middle continue to get smaller and smaller.

Needs Green Super Foods

It’s true, there is quite a long list of super foods that you can choose from but the green super foods really make an impact on your health and well being. In the Middle East when you order grilled meats you get a whole basketful of raw vegetables from bell peppers to cucumbers and tomatoes to go with your meal. A definite throw-back to ancient times; reminiscent of when people ate the produce of the land and lived long healthy lives.
Green super foods may best be described as natural foods that have an overload of nutrients, way beyond what other foods contain. These foods not only provide nutrition but also have antioxidants which can help with various health problems. You can get these foods in a powder form from health food stores.
Green super foods include seaweed which is highly nutritious but not really popular in the western world. Barley grass and wheat grass are also part of the green super foods list. The liquid is extracted to concoct a very nutritious drink. It provides high levels of energy and keeps disease from attacking your immune system.
Understanding GDP

The economy, or GDP, is basically the same. GDP is the gross domestic product of a country and is a measure of the output of that country. Let me explain.
Headlines read, ‘we are now technically in a recession’. What does that mean? A recession is defined as a period of economic downturn. Its exact definition is two consecutive quarters of negative downturn in GDP. So today we are actually in recession, not that that would be a surprise to anyone.
GDP is really a broad measure of a country’s output of goods and services. Data will be gathered on the UK’s personal consumption of goods, government expenditures and incomes received by the relevant sectors of an economy such as agriculture, banking, mining, and manufacturing to name a few.
It is simply an attempt to measure the income an economy is receiving over a set period of time i.e. its domestic product. The word ‘gross’ is used, as physical wear and tear on capital such as factory machines, office equipment etc are not taken into account.
Gross national product (GNP) is slightly different in that it measures overseas income which is also added back into GDP.

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