Gross Domestic Product - Revision history

User at 19:42, 8 March 2024

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User at 12:32, 20 January 2023

2023-01-20T12:32:46Z

User at 21:38, 6 December 2022

2022-12-06T21:38:20Z

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2022-12-06T21:36:56Z

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 Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). While GDP is the single most important indicator to capture economic activity, it falls short of providing a suitable measure of people's material well-being for which alternative indicators may be more appropriate. This indicator is based on nominal GDP (also called GDP at current prices or GDP in value) and is available in different measures: US dollars and US dollars per capita (current PPPs). All OECD countries compile their data according to the 2008 System of National Accounts (SNA). This indicator is less suited for comparisons over time, as developments are not only caused by real growth, but also by changes in prices and PPPs.<ref>[https://data.oecd.org/gdp/gross-domestic-product-gdp.htm Gross domestic product (GDP)]</ref>
 ==See Also==
-*[[Business Strategy|Define Business Strategy]]

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	Gross domestic product is a monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator.<ref>[https://en.wikipedia.org/wiki/Gross_domestic_product Gross domestic product]</ref>		Gross domestic product is a monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator.<ref>[https://en.wikipedia.org/wiki/Gross_domestic_product Gross domestic product]</ref>

		+	Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). While GDP is the single most important indicator to capture economic activity, it falls short of providing a suitable measure of people's material well-being for which alternative indicators may be more appropriate. This indicator is based on nominal GDP (also called GDP at current prices or GDP in value) and is available in different measures: US dollars and US dollars per capita (current PPPs). All OECD countries compile their data according to the 2008 System of National Accounts (SNA). This indicator is less suited for comparisons over time, as developments are not only caused by real growth, but also by changes in prices and PPPs.<ref>[https://data.oecd.org/gdp/gross-domestic-product-gdp.htm Gross domestic product (GDP)]</ref>

	==See Also==		==See Also==

← Older revision		Revision as of 21:36, 6 December 2022
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−	~~'''Content Coming Soon'''~~	+	Gross domestic product is a monetary measure of the market value of all the final goods and services produced and sold in a specific time period by countries. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator.<ref>[https://en.wikipedia.org/wiki/Gross_domestic_product Gross domestic product]</ref>
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		+	==See Also==
		+	*[[Business Strategy\|Define Business Strategy]]
		+	*[[IT Strategy (Information Technology Strategy)\|Definition of IT Strategy]]
		+	*[[E-Strategy\|Define e-Business Strategy]]
		+	*[[IT Governance\|Define Corporate Governance of Information Technology]]
		+	*[[Enterprise Architecture\|Define enterprise architecture]]
		+	*[[IT Sourcing (Information Technology Sourcing)\|What is IT Sourcing?]]
		+	*[[IT Operations (Information Technology Operations)\|Define IT Operations]]
		+	*[[Chief Information Officer (CIO)\|CIO]]
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		+	==References==
		+	<references />