How do we count the various goods and services and known the total production in each sectar ?
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The total production in a sectoris the final goods and service produced and sum of all the final products and services is called Gross Domestic Product(GDP).
Hope this helps.;
The total production in a sectoris the final goods and service produced and sum of all the final products and services is called Gross Domestic Product(GDP).
Hope this helps.;
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The value of final goods and services is calculated and then added up to know the total production in each sector.
▶The final Product & service is called (GDP) "Gross Domestic Product".
▶The final Product & service is called (GDP) "Gross Domestic Product".
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