Social Sciences, asked by bidrohihalder941, 1 year ago

Gdp is the total volume of .......priduced during a particular year

Answers

Answered by sanjanas2510
1
GDP is the total volume of goods produced in one year in primary,secondry,and tertiary sectors.
it adds to the economy of a country.
Answered by MystícαIStαr
197

Answer:

  • GDP is the total value of all final goods and services produced during a particular year.

Explanation:

Gross demostic product is the total sum of value of final goods and services produced in each sector. Primary, secondary and tertiary in a particular year. GDP growth rate is an important indicator of the economic performance of a country.

It can mainly be measure in three methods:

  • Output method
  • Expenditure method
  • Income method

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