GDP, or Gross Domestic Product, is a measure that shows how well a country's economy is doing. But it has some problems that can make things look better than they really are.

Here are some key points about GDP:

1. Doesn’t Show Everything: While GDP looks at the total production in a country, it ignores things like income gaps between rich and poor, harm to the environment, and unpaid work, like taking care of family members.

2. Looks Only at the Short-Term: Sometimes, a country might seem to be growing quickly because it's using up its resources too fast or using methods that aren’t good for the future. This raises questions about whether this growth is actually helpful in the long run.

3. Misses the Informal Economy: There are many jobs and transactions that happen outside of formal businesses, like street vendors or babysitters, which are not counted. This means we're not getting the full picture of the economy.

To fix these problems, countries can:

• Create policies that consider social well-being and protecting the environment.
• Look at different ways to measure the economy besides just GDP.
• Improve how we gather statistics to include informal jobs and activities.

By making these changes, we can get a better understanding of how healthy an economy really is and how well people are doing.