The Gross Domestic Product (GDP) of the Indian Economy and its Impact on Growth and Expansion
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Abstract
This study examines the impact of population growth and economic expansion on India's Gross Domestic Product (GDP). It focuses on exploring the relationship and influence of population growth and economic expansion on GDP. GDP adjustment serves as the dependent variable, while population growth and economic expansion are considered independent variables. Data has been sourced from secondary sources such as economic reports from the Reserve Bank of India and the World Bank. The study spans a period of twenty years, providing a robust analytical framework for observing GDP, population, and economic expansion trends within the Indian economy. Analytical techniques employed include correlation analysis, regression analysis, t-tests, and ANOVA models, utilizing SPSS software for analysis.