GDP - The most powerful and common economic indicator created? (MM Desk, 2021)

The GDP is one of the most ubiquitous Economic indicator used in our world, yet, how is the Gross Domestic Product actually derived? What is the history to the invention of this statistic and why does the GDP have such power in our social reality? How is this phenomenon linked to the concept of Banking Education that was developed by Freire?

Lesson Objectives:

1. Explain how the GDP is derived

2. Define GDP, economic growth, banking education

3. Reflect: What are the ways I have been “banked” in my education that creates a sense of unbridled faith in the GDP?(Personal Update 4 - 200 words)

4. Comment on 2 Peers' Reflections