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Economics
The Gross National Product (GNP) is the value of all the goods and services produced in an economy, plus the value of the goods and services imported, less the goods and services exported.  Read More.....
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Economics
A depression is a severe economic downturn that lasts for several years. It is characterized by falling Gross Domestic Product (GDP) and high unemployment rates. The last one occurred during the 1930s and was named The Great Depression.

Read more at Suite101: What is Economic Depression?: The Causes and Effects of a Financial Downturn | Suite101.com http://economics101.suite101.com/article.cfm  Read More.....
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Economics
“a significant decline in the economic activity spread across the country, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.”  Read More.....
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Economics
Generally speaking, a recession is when there is a tightening of the economy, usually for a certain period of time.Given below are 10 signs that usually indicate that a recession is knocking.  Read More.....
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Economics
The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy. Usually, GDP is expressed as a comparison to the previous quarter or year. For example, if the year-to-year GDP is up 3%, this is thought  Read More.....
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Economics
An economic indicator is simply any economic statistic, such as the unemployment rate, GDP, or the inflation rate, which indicate how well the economy is doing and how well the economy is going to do in the future  Read More.....
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