Economy, asked by nantu372, 1 year ago

Definition of Gross Domestic Product

Answers

Answered by shraddhasingh77
12
Hope it helps

Gross Domestic Product:
Gross domestic product is the total value of everything produced in the country. It doesn't matter if it's produced by are citizens or foreigners. If they are located within the country's boundaries, their production is included in GDP.

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Answered by vanshgautam2005
6

Gross domestic product:

> GDP refers to the all final goods and services produced during a year.All the value of this final goods is the GDP.

> GDP is calculated by adding of the income produce in all three sectors that is primary secondary and tertiary sector.

> In India dance of doing GDP is undertaken by central government

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