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What Is GDP?

2010/5/20 18:04:00 25

Gross Domestic Product

GDP: (gross domestic product) means gross domestic product.

It is the final achievement of a country or a region's production activities within a certain period.

It has three different forms: product form, value form and income form.

GDP per capita is GDP divided by population base.



The faster the growth of GDP, the faster and slower the growth of the country's economy, the slower the country's economic development. If GDP falls into negative growth, the country will undoubtedly fall into recession.

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