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n PakistanKarachiis the metropolitan City of many industries as all the workforce of Pakistan depends
upon theKarachi. Following are the some main industries of Pakistan :
Heavy Industries Taxila - Weapons Guide and Specifications
Textile industry of Pakistan
Mitsubishi Industry Of Pakistan
Sports industry of Sialkot
Macter international of medicines
Abbot Industry
Zafa medicines
Petroleum Industry of SITE area
Lucky Cement Industry of Pakistan
Steelmill of Pakistan
Sugar Mill of Pakistan
Wheat growth Better industry
Toyota Manufacturer
What is GDP and why is it so important?
Thegross domestic product(GDP) is one the primaryindicatorsused to gauge the health of
a country'seconomy. 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 to mean that the economy has grown by 3% over the last
year.
Measuring GDP is complicated (which is why we leave it to the economists), but at its most
basic, the calculation can be done in one of two ways: either by adding up what everyone
earned in a year (income approach), or by adding up what everyone spent (expenditure
method). Logically, both measures should arrive at roughly the same total.
The income approach, which is sometimes referred to as GDP(I), is calculated by adding up
total compensation to employees, gross profits for incorporated and non incorporated firms,
and taxes less any subsidies. The expenditure method is the more common approach and is
calculated by adding total consumption, investment, government spending and net exports.
As one can imagine, economic production and growth, what GDP represents, has a large
impact on nearly everyone within that economy. For example, when the economy is
healthy, you will typically see low unemployment and wage increases as businesses demand
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labor to meet the growing economy. A significant change in GDP, whether up or down,
usually has a significant effect on the stock market. It's not hard to understand why: a bad
economy usually means lower profits for companies, which in turn means lower stock
prices. Investors really worry about negative GDP growth, which is one of the factors
economists use to determine whether an economy is in arecession.
Read more:http://www.investopedia.com/ask/answers/199.asp#ixzz2GtZWOB5F
http://www.investopedia.com/terms/r/recession.asphttp://www.investopedia.com/terms/r/recession.asphttp://www.investopedia.com/terms/r/recession.asphttp://www.investopedia.com/ask/answers/199.asp#ixzz2GtZWOB5Fhttp://www.investopedia.com/ask/answers/199.asp#ixzz2GtZWOB5Fhttp://www.investopedia.com/ask/answers/199.asp#ixzz2GtZWOB5Fhttp://www.investopedia.com/ask/answers/199.asp#ixzz2GtZWOB5Fhttp://www.investopedia.com/terms/r/recession.asp