Question

GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below:

Answer 1

Answer:

GDP yes gross domestic product is shows us the average sum of revenue generated from each sector- primary secondary and territory the key point to remember is its the money generated  from final goods the capital used in making it is not considered

for eg

there is one biscuit factory it buys wheat of 1000rupees from the wholesaler

processes it and makes biscuit of net rupees 100 so only 100 will be considered in calculating the GDP