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Anonymous
Anonymous asked in Social ScienceEconomics · 1 week ago

I don’t understand gdp? Any help explaining would be great ?

4 Answers

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  • Anonymous
    1 week ago
    Favourite answer

    GDP is the gross value of all goods and services produced by a country or state within a given year.

  • Anonymous
    1 week ago

    it has to do with money and economics

  • Mike W
    Lv 7
    1 week ago

    It stands for Gross Domestic Product, beyond that I can't help you too much.  It would take too much time, to go through it all.  You're better off looking it up on the internet where you can find long articles explaining what it is and what it means.  

  • ?
    Lv 7
    1 week ago

    GDP is the income of a country within a year. It is the sum of all household‘s income in the same period.

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