What is GDP | Gross Domestic Product (GDP) | Components of GDP, Types of GDP Calculations

From this video you will learn What is Gross Domestic Product (GDP) and how it works,Components of GDP, Types of GDP Calculations, gdp explained for beginners in english.
GDP:
Gross Domestic Product (GDP) is the market or the monetary value of all the finished goods and services produced within a country in a specific time period.
Components of GDP:
There are Four expenditure Components that go into calculating GDP. They are
• personal consumption,
• business investment,
• government spending and
• net exports.
Types of GDP calculations:
1. The expenditure approach
2. The production approach
3. The income approach

#GDP, #GrossDomesticProduct, #Simplyinfo,

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[amritpokhrel]

Bro i have final exam a week later please sir i need this note..this looks easy and to the point

[ngendamooto]

Help me with,
Discuss output -output relationship as applied in economics.

[minimumtasvik]

I suggest you to not show what you are not talking about. You are talking about another thing while on the screen something else plays. I could not focus. I am trying to read the screen while listening another thing. Please change this style.