{"store":{"baseInfo":{"podcastTitle":"The Fabric of Industry Podcast","slug":"fabricofindustry","podcastDescription":"

I discuss the interesting and engrossing world of global economies through the lens of the five major industrial sectors; and how investigating specific industries through how they operate economically and scientifically throughout different countries can relate to our own personal lives.

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In this episode, we explore real economic growth and how countries are able to achieve this in a global economy. I explain the two types of GDP, and how international trade and increases in productivity can grow GDP. I also discuss diminishing marginal product, expected outcomes and comparative advantage- three important concepts in economic growth.

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