what is GNP and what is need GNP and why
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Explanation:
Gross national product (GNP) is an estimate of total value of all the final products and services turned out in a given period by the means of production owned by a country's residents.
Due to the increasingly global nature of national economies and the interdependence of labor forces, supply chains and sales channels, the U.S. Bureau of Economic Analysis uses GDP instead of GNP as its measure of output for the United States. GNP is still an interesting economic indicator.
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Gross national product (GNP) is a broad measure of a nation's total economic activity.GNP is the value of all finished goods and services produced in a country in one year by its nationals.
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