> I guess „work“ depends on generating GDP for many people
Exactly. If a city council hire a gardener, buy his tools and pay him 40k/yr, the nominal GDP will be 40k (+ the tool's prices for the first year and their maintenance costs).
If the city council pay a company 80k/yr to take care of the same, they will hire a gardener 40k, buy tools, and the GDP will be 120k/yr (+ tools prices etc). Even though the production was the same.
If you wife worked and you had to pay a nanny, the GDP of your country would rise more than if the nanny was formed to take on your wife job.
Exactly. If a city council hire a gardener, buy his tools and pay him 40k/yr, the nominal GDP will be 40k (+ the tool's prices for the first year and their maintenance costs).
If the city council pay a company 80k/yr to take care of the same, they will hire a gardener 40k, buy tools, and the GDP will be 120k/yr (+ tools prices etc). Even though the production was the same.
If you wife worked and you had to pay a nanny, the GDP of your country would rise more than if the nanny was formed to take on your wife job.