1.Summary
It should be noted that GDP includes only economic activities in which money is exchanged. GDP and GDP per capita are indicators of a country's wealth. The value added of goods and services produced by all economic players, including households, businesses and governments, over a period of time is summed up by market prices, including those provided by non-residents, labor and capital.
2.What was interesting / What did you learn
I enjoyed the fact that GDP increased the value added created by each sector over a period of time compared to the previous year. So I searched Korea's economic growth rate on its website and found that it grew 3.1 percent year-on-year.
3. Discussion Point
What is your opinion on the recent real estate policy implemented in Korea? I'd like to hear your thoughts on whether this policy can prevent real estate speculation.
Explain what economic policies you have recently established in Korea.
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