What is GDP per capita? | Gross Domestic Product | IB Macroeconomics | IB Economics Exam Review

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  • Опубліковано 17 гру 2024

КОМЕНТАРІ • 62

  • @dimitri-f9h
    @dimitri-f9h Рік тому +3

    i just discovered this channel and all i can say is ,its now my new home

  • @NikolasMartine01
    @NikolasMartine01 2 місяці тому +144

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      @TeddyAlexanderv6 2 місяці тому

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      @GraceOliviaf7y 2 місяці тому

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  • @zoliswamayekiso7456
    @zoliswamayekiso7456 2 роки тому +8

    Thank you so much for such a simplified explanation of the concept.

  • @andrewcourtney4620
    @andrewcourtney4620 3 роки тому +11

    thanks Brad, you're an entertaining person and was great to listen to. Wish the best for your life. Regards

    • @BradCartwrightEconomics
      @BradCartwrightEconomics  3 роки тому

      Thank you for the kind words, Andrew! I appreciate them and good luck to you too!

  • @jalikhon5356
    @jalikhon5356 3 роки тому +7

    This is the first time I watched your video and literally it helped me a lot. Massive massive respect to you man! From Bangladesh ❤

  • @vincentgeorgeranola5208
    @vincentgeorgeranola5208 2 роки тому +2

    Very educational video man

  • @bhuwanawasthi5487
    @bhuwanawasthi5487 3 роки тому +1

    1:11 IF YOU LIVE IN NEPAL, SAME THING!!

  • @julienmancilla5576
    @julienmancilla5576 3 роки тому +2

    Thank you! Clear and simple

  • @airatiamson2357
    @airatiamson2357 Рік тому

    can you please elaborate what are those ecomic activities

  • @sayemmirza7209
    @sayemmirza7209 Рік тому

    I'm from Bangladesh.Your explanation is very well.Keep it up.

  • @shouldiwriteaname6310
    @shouldiwriteaname6310 Рік тому

    U saved my life ❤

  • @l...
    @l... 2 роки тому +1

    May you use UA-cam chapters please
    So we can share each chapter

  • @areebanoor7854
    @areebanoor7854 Рік тому

    Best explanation ever....

  • @NOUSSAROM
    @NOUSSAROM Рік тому

    Thank you sir. Good video

  • @sebegokhwae5994
    @sebegokhwae5994 7 місяців тому

    Thank you Brad

  • @drew.h89
    @drew.h89 3 роки тому

    Thanks Brad. Subscribed.

  • @englishurdumizaaj3996
    @englishurdumizaaj3996 4 роки тому +4

    Nice

  • @saltech2024
    @saltech2024 3 роки тому

    Awesome!!
    Your video is very lucid

  • @alpha7827
    @alpha7827 2 роки тому

    Lots of love from nepal . ❤️

  • @BruzWeaver
    @BruzWeaver Рік тому

    Thank you!!

  • @indianj7388
    @indianj7388 2 роки тому +1

    Your "hey hey" during the begining of the video sounded like Led Zeppelin's "black dog" intro...😅😅
    Anyway, the video was really helpful. Thank you from India😊

  • @mr.nobody9344
    @mr.nobody9344 2 роки тому

    I was so shocked when u gave the example of Bangladesh....

  • @pujashrestha4259
    @pujashrestha4259 2 роки тому

    What is GDP and GNI

  • @SpudOnscreen
    @SpudOnscreen 3 роки тому

    I like your funny words magic man
    But seriously thank you, this was very informative.

  • @moiz4332
    @moiz4332 4 роки тому +3

    Thnx

  • @akshaychauhan8958
    @akshaychauhan8958 4 роки тому +4

    I get it.
    I'm from Bharat🇮🇳

  • @Julas-p7u
    @Julas-p7u 2 роки тому

    Beautifull planet. ❤ i like what you said.

  • @CorrinaMusic
    @CorrinaMusic Рік тому

    How do we account for the gap between the rich and the poor though? Because it’s not an accurate representation of how much each individual actually has. The past few years I’ve been hearing that the rich are getting richer, and I can only assume this is true, and I can only go based off of the fact that I can afford to buy less and less due to inflation... would be great if someone could point me in the right direction 🙏

  • @lastcall8286
    @lastcall8286 3 роки тому

    I don't know what you was talkin about those biology terms micro-macro, and student I can't even spell student but this channel interest me and so does yeah crazy looking here so I'm going to subscribe hit the bell and notification thank you

    • @drunkwhenimadethis
      @drunkwhenimadethis 4 місяці тому

      😂😂😂 it's not biology term😭😭

    • @lastcall8286
      @lastcall8286 4 місяці тому

      @@drunkwhenimadethis oh, is it math terms?

  • @ericpham7871
    @ericpham7871 2 роки тому

    It is more if more efficient machine the more NDP is national domestic product and less import then better

  • @hansaworld1
    @hansaworld1 2 роки тому

    Thanks sir!

  • @brotherrodricus4772
    @brotherrodricus4772 2 роки тому

    Thank you, Sir!!!!!!!!!!!!!!

  • @Thatogatsi18
    @Thatogatsi18 4 місяці тому

    You're the best

  • @sanjaysrivastava4051
    @sanjaysrivastava4051 3 роки тому +1

    👌 thanks 🌹🌹🌹🌹🌹

  • @kynchan3332
    @kynchan3332 Рік тому

    I don't like the GDP/capita figure because it tells little on how that income is distributed (eg large amount held by the super rich; government held and used for infrastructure, obtaining resources and investments), living costs (you can be lulled into thinking living costs are similar throughout the world) and illegal work/black economy (earnings that are not recorded and further including off balance sheet transactions conducted by citizens and the country eg off shore banking). At best it provides a rough idea of capita earnings.

  • @sergiomarquina4553
    @sergiomarquina4553 3 роки тому +5

    uh oh you mentioned India... get ready to get millions of subs and views lol

  • @NewsNowLIVE1
    @NewsNowLIVE1 2 роки тому

    So why is Monaco’s GDP greater than the USA when Monaco is literally like the size of Rhode Island

    • @chidianyanwu8731
      @chidianyanwu8731 2 роки тому

      Gdp per capital is the total number of a country nominal GDP divided among its population. ( in this small countries with high export and financial services are always among the top 🔝)

    • @NewsNowLIVE1
      @NewsNowLIVE1 2 роки тому

      @@chidianyanwu8731 thanks homie much respect

  • @kajabraun6835
    @kajabraun6835 Рік тому

    thank youuuuuuuuuuuuuuu

  • @GoodGuy-hf5qj
    @GoodGuy-hf5qj Рік тому +1

    India's population is 10000 billion

  • @AltafMirza313
    @AltafMirza313 2 роки тому

    Thanks dear
    Allah bless you

  • @GoodGuy-hf5qj
    @GoodGuy-hf5qj Рік тому +1

    Pakistan's population is also 1000000000 billion

  • @edwardmenang7029
    @edwardmenang7029 2 роки тому

    Straight

  • @truthhearer6323
    @truthhearer6323 2 роки тому

    Flawed explanation. You didn't explain the time frame of the GDP or even what economic activity really means.

  • @mtl_yg
    @mtl_yg 3 роки тому

    This planet belongs to Allah only, not ours, and so we belong to Him. Correct it.