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Hello hello friends, I'm Sis Bella who
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Economics lessons, friends. Do you know
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what the economic growth rate is in
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Indonesia? Indonesia has a
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growth rate of 5.7 percent. Wow,
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do you think that the figure of 5.7 percent
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can be said to be high if we
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compare it with economic growth in
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other developing countries? Approximately
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what level is Indonesia at?
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Next to Kabela there is a table of 10
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developing countries with the highest economic growth
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ekonomi.com pass.com page. Well, friends,
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we can see together that
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Indonesia is ranked third,
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while above Indonesia and the Philippines
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with economic growth of 5.3 percent
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and the top is India with
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economic growth of 6.5
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economic growth in Indonesia can be
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said to be high and developing, yes, but
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what is economic growth? Let's
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find out in this video, friends,
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in the previous topic, you have
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learned about national income,
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right? Well, in this national income,
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there is something called GDP or gross domestic
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product. GDP can be compared
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from one year to the next year, you know,
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later from this comparison, something
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called economic growth will emerge.
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This economic growth measures the
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economic development of a country,
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friends, currently the government is
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encouraging its people to become
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producers. or entrepreneurs
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who will be able to produce
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and sell goods or services the government
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the aim of increasing the number of goods and services
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happen if the number of goods and
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services produced increases this will increase
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economic growth because an
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economy can be said to experience
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economic growth if the number of
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goods and services produced increases
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in other words economic growth
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is an increase in the economic activities of the
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community which causes an increase in the
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number of goods and services produced or an
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increase in national income In addition
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technological progress is also a
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the increase in the number of goods and services
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because the increase in the number of goods
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and services produced is based on
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technological progress If the number of goods
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and services produced decreases then what
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happens is not economic growth
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economic decline besides the simple understanding
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economic growth can also be
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interpreted as a process of changing the
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economic conditions of a country that is
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carried out continuously towards a
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better or improved condition
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from the previous period based on
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several indicators namely an increase in
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national income an increase in
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per capita income an increase in employment opportunities
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and a reduction in poverty levels
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whatever the meaning or definition of
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economic growth this economic growth
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can be seen through a comparison of
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national income from time to time
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Well by knowing the level of
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economic growth the government can
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state revenue then if the economic growth is
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not good this can be a basis
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for receiving financial assistance from the
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World Bank or other countries then how do
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friends measure the rate of
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economic growth in the video Next we
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will learn how to measure the rate of
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economic growth. Come on, hurry up and check out the
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next video and see you again.