GDP: Gross Domestic Product

GDP stands for Gross Domestic Product. it’sthe wholemarket price of all the products, products and services produced within a rusticin an exceedingly specific duration of your time. it’swont to measure the scale of an economy and overall growth or decline within the economy of a nation. It indicates the economic health of a rusticlikewise as specifies the living standard of the people of a selected country, i.e. because the GDP increases the living standard of the people of that country increases. a rustic having good GDP is taken into account as a decent country for living purpose. In India, there are three main sectors that contribute to GDP; industry, service sector and agriculture including allied services.

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