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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region.en.wikipedia.org/wiki/Gross_Domestic_ProductGross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.www.investopedia.com/terms/g/gdp.aspgross domestic product (GDP), total market value of the goods and services produced by a country’s economy during a specified period of time. It includes all final goods and services—that is, those that are produced by the economic agents located in that country regardless of their ownership and that are not resold in any form.www.britannica.com/money/gross-domestic-product
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- noungross domestic product (noun) · gross domestic products (plural noun) · GDP (noun) · GDPs (plural noun)
- the total value of goods produced and services provided in a country during one year. Compare with gross national product
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