GDP of Bangladesh

GDP of Bangladesh

What is GDP? GDP of Bangladesh The GDP of Bangladesh (gross domestic product) is the market value of all final goods and services produced within a country’s border within the given period (generally one year). The general GDP OF Bangladesh calculation formula of expenditure approach is Y=C+I+G+X-M where, C=consumption, I=investment, G=government expenditure, X=export, and M=imports. … Read more

Significant Natural resources of Bangladesh

Natural resources of Bangladesh

The resources which abound in nature used them for people’s welfare and the production of products is called natural resources. The natural resources in Bangladesh are fertile lands, minerals, forestry, animals, rivers, seas, climate and rainfalls. Those resources have a huge contribution to the economic and social activities of Bangladeshi people. Natural resources in Bangladesh … Read more

Economic activities of the people of Bangladesh

economic activity

What are economic activities? All activities related to earning and spending money is economic activities. Men earn money to satisfy their wants. The principal objective of economic activities is the consumption of goods and services. Economic activities are two types: money earning and money spending.  Your hobby like singing, dancing, reading is not economic activities. … Read more