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Glossary Political Economy / Term

Gross Domestic Product (GDP)

(Gross Domestic Product, GDP) An estimate of the total money value of all the final goods and services produced in a given one-year period using the factors of production located within a particular country's borders.

[See also: Gross National Product (GNP)]

Permanent link Gross Domestic Product (GDP) - Creation date 2020-06-14


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