Social Sciences, asked by TusharGoyal72, 1 year ago

What is GDP? What is GDP work?


Anonymous: Gross domestic product
TusharGoyal72: yes

Answers

Answered by Anonymous
4
Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.

The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.



Answered by desaikomal551
3

GDP stands for gross domestic product


It is the value of all the final goods and services produced within a country during a particular year


GDP shows how big the economy of a country is


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