Question

Why is GDP important to a nation

Answer 1

It is basically how much money a nation makes in a year... So it can heavily influence a nations economy.

Hope this helps!

Answer 2

The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. 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.