Gross Domestic Product (GDP)

A system used by the government to allocate resources and funds among different
parts of the economy, to ensure equal wealth distribution.

The total value of all goods and services produced within a country's borders in a
specific period, used to measure economic growth.

A statistical formula used to assess the key factors driving economic growth within
a nation, such as technological advancements and workforce productivity.

choose one answer

The correct answer is: The total value of all goods and services produced within a country's borders in a specific period, used to measure economic growth.