Overview of GDP and GNP
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Title
Overview of GDP and GNP
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Description
Gross domestic product, also known as GDP, is defined as the total market value (the amount that a product would trade for in the open market) of all goods and services produced within a specific a location over a particular time period. GDP includes all products that are sold in the home market as well as some non-market items like educational services paid for by the government (Callen, 2008).
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about.com
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about.com
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Citation
Amanda Briney, “Overview of GDP and GNP,” Uwekind Resource Centre, accessed October 15, 2026, https://www.library.uwekind.com/items/show/111.