Social Sciences, asked by kum12, 6 months ago

12.Explain the meaning of GDP .How is it calculated? in short class 10​

Answers

Answered by dj20123456
3

Answer:

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Explanation:

Gross Domestic Product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.

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