Economy

Understanding Economic Growth: Key Drivers and Impact

Awais Malik7 months ago06 mins

What is Economic Growth? Economic growth referrs to the increse in the value of goods and servces produced by a country over time. It is usualy measured by the rise in Gross Domstic Product (GDP). When a nation’s economy grows, it means more jobs, higher incomes, and improved standerd of livng for people. Why is…

Interest Rates: Understanding Their Impact on Economy and Finance

Awais Malik7 months ago07 mins

What Are Interest Rates? Interest rates refer to the cost of borrwoing mony or the return on savings and invesments. They play a crucial role in economic growh and individual financial decsions. When interest rates go up, borrowing becmes more expensve, and when they go down, it becmes cheper. Types of Interest Rates There are…

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Understanding Economic Growth: Key Drivers and Impact

Interest Rates: Understanding Their Impact on Economy and Finance