Gross domestic product

Gross domestic product (GDP) is a measure of the size of an economy. It is defined as "an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs)" by the OECD.

Read more here: https://en.wikipedia.org/wiki/Gross_domestic_product

Watch similar videos here: http://www.dailymotion.com/playlist/x42ug0_wikivideos_economy

See more from Wiki Videos: https://www.youtube.com/channel/UC9pZsh1JbkZDC1LiwOHjwuQ/feed

Follow us on Facebook : https://www.facebook.com/WikiVideoProductions
Follow us on Twitter : https://twitter.com/VideosWiki
Our Website : www.wvprod.com

This video is the sole and exclusive property of WV Production Limited.