I’ve published my 7th YouTube video about two hours ago and for the first time, I’ve explained two things rather than just one: the Gross Domestic Product (aka GDP) on the one hand and government revenue on the other.

I’ve done this because people veeeeeeeeeeeery frequently confuse these two terms.

Therefore, explaining one without referring to the other would have been a shame.

Most people think the GDP is some abstract mumbo-jumbo-impossible-to-understand term but quite frankly, it’s not. As long as it’s explained in a logical manner, understanding what the GDP is all about shouldn’t be all that complicated.

If you want to check out my other videos, you can access my channel by clicking HERE.

And as always, your support is greatly appreciate it.

One Minute Economics is still in its infancy, so literally every bit of help counts.

Here are a few examples of ways in which you can help:

• like the YouTube video
• comment on the YouTube video
• subscribe to my YouTube channel
• share the video with your Twitter/Facebook/Forum/Skype/etc. friends

… and so on.

I started this project with practically zero YouTube experience, so I’m learning as I go 🙂