Gross domestic product is defined as

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Gross domestic product (GDP) is a measure of the economic activity of a country. It is defined as the market value of all final goods and services produced within a country in a given period of time (usually a year). This includes all goods and services produced by businesses, government agencies, and individuals within the country, regardless of their nationality. GDP is an important measure of a country's economic performance and is often used as an indicator of the standard of living of its citizens.

Gross Domestic Product Is Defined as