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
Bangladesh got the blessing of almighty, we can cultivate on about 70 percent of land across the country. Different crops are grown in Bangladesh. Crops in Bangladesh has two kinds, cash crops and food crops. The crops which are grown to consume and to fulfill family demand are food crops. Generally, those have no surplus, … Read more
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
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