Difference between revisions of "Gross Domestic Product"

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== External links and references ==
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*[http://gdpvisualization.com/| Global GDP]
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*[http://databank.worldbank.org/data/home.aspx| World DataBank]
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*[http://conferences.wcfia.harvard.edu/undergraduate_thesis/publications/ottoman-legacy-and-colonial-management-french-algeria-1830-1901| Conference about Ottoman Legacy and Colonial Management in French Algeria (1830–1901)]
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*[http://www.imf.org/external/pubs/ft/fandd/basics/gdp.htm| Gross Domestic Product: An Economy’s All (by Tim Callen)]

Latest revision as of 15:27, 3 April 2014

Gross Domestic Product[edit]

Gross Domestic Product (GDP) is the official measurement of a country’s goods and services production. While it is often used as an indication of a country’s standard of living, it is not a measure of personal wealth or individual welfare standards. It is not to be confused with Gross National Product (GNP) which is a measure of production by enterprises owned by a country’s citizens; foreign investment and ownership mean that this is not a reflection of a country’s domestic production and thus differs from the GDP.


External links and references[edit]