THE WORDCRAFT DEFINITION DICTIONARY
gross domestic product
noun phrase
The value of final goods and services produced within a country's borders during a specified period.
Local English device voice, when available. This is not a recorded dictionary pronunciation.
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Examples in context
The lesson distinguishes gross domestic product from a direct measure of personal happiness.
A classroom exercise on gross domestic product asks students to count the value of final goods and services produced within an invented country's borders during one year.
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Different Measures of Economic ActivityReading 1 / Open lessonAPPLY IT AND RETURN
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This entry is part of the vocabulary collection supplied by GlobalRPh. Definitions are concise study meanings. Examples combine original teaching sentences with selected passages adapted from the supplied study notes; their source is labeled beside each example. A word may have additional specialized or historical senses.
Adapted from supplied vocabulary notes. Example written for WordCraft.
Source study sections: 20.
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