what is GDP?????????
Answers
Answered by
9
GDP: gross domestic product.
it is the monetary measure of the market value of all final goods and services produced in a year.
it is the monetary measure of the market value of all final goods and services produced in a year.
Answered by
15
Hi there!
♦ GDP : Gross Domestic Product
The sum of the value of all final goods and services produced in all the three sectors ( Primary, Secondary and Tertiary ) in a particular year is called the Gross Domestic Product of a country.
GDP indicates the size of the economy of a country. It is the market value of final goods and services produced by all sectors.
The task of estimating GDP in India is undertaken by the Central Statistical Office [ CSO ] working under the ministry of Statistics and Programme Implementation, Govt. of India.
[ Thank you! for asking the question. ]
Hope it helps!
♦ GDP : Gross Domestic Product
The sum of the value of all final goods and services produced in all the three sectors ( Primary, Secondary and Tertiary ) in a particular year is called the Gross Domestic Product of a country.
GDP indicates the size of the economy of a country. It is the market value of final goods and services produced by all sectors.
The task of estimating GDP in India is undertaken by the Central Statistical Office [ CSO ] working under the ministry of Statistics and Programme Implementation, Govt. of India.
[ Thank you! for asking the question. ]
Hope it helps!
Similar questions