ELI5: Explain Like I'm 5

Economy of Malawi

So, Malawi is a country in Africa where many people live and work. When these people work, they make money which is called income.

Now, income is important because people use it to buy things they need like food, clothes, and shelter, and also things they want like toys and electronics.

When many people in Malawi have income, it means that they can buy more things which is good for the economy. One of the big industries in Malawi is agriculture, which means growing crops and raising animals to sell.

When farmers grow crops and raise animals, they produce goods that people can buy and sell. This is called a market. So, the farmers take their goods to the market where people who want to buy them come to purchase them.

The government in Malawi also plays a big role in the economy. They create laws and policies to help the economy grow and protect its citizens. They also provide services like healthcare, education, and infrastructure (things like roads and bridges) to help businesses operate and make more money.

When the economy is growing, it means that more people have jobs and more businesses are making money. This is good for everyone because it can lead to a better quality of life for people in Malawi.