History, asked by karanvohra920, 10 months ago

what is gdp?ans in detail anyatha yha answer me click na kare​

Answers

Answered by Anonymous
3

Answer:

GDP REFERS TO GROSS DOMESTIC PRODUCT.

Explanation:

which calculates life expectancy,education pci of a country.

Answered by BrainlyPARCHO
0

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GDP stands for Gross Domestic Product.

It is the sum total of all final goods and services produced in a country during a particular year. It shows how big the economy is.

It is the sum of production in all sectors.in india this mammoth task is undertaken by central govt. ministry.

It collects information with the help of various govt. departments of all states and union territories.

GDP = C + I + G + (X – M)

where

  • C = private consumption
  • I = gross investment
  • G = government investment + government spending
  • X = exports
  • M = imports
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