Microsoft Store
 

Gross domestic product


 

In economics, gross domestic product (GDP) is a measure of the value of economic production of a particular territory in financial capital terms during a specified period. It is one of the measures of national income and output. It is often seen as an indicator of the standard of living in a country, but there are some problems with this view.

Related Topics:
Economics - Financial capital - Measures of national income and output - Standard of living - Problems

~ ~ ~ ~ ~ ~ ~ ~ ~ ~