The conversation between human and AI assistant.
Can somebody explain me about GDP in Layman terms?
Okay, got it. Is a higher GDP always better for a country?
A higher GDP generally means that a country's economy is growing, which is generally seen as a positive thing. However, GDP doesn't take into account other important factors like income distribution, environmental impact, and quality of life, so it's not the only measure of a country's overall well-being.