EconomicsGeneralQuality 90 · Exceptional

What GDP Actually Measures

PR
Iris Greene Verified Teacher
@author · 2026-07-03 · v1
7 min read
GDP (Gross Domestic Product) sums the market value of all final goods and services produced in a country in a given period. It counts consumption, investment, government spending, and net exports. It measures size, not wellbeing — a country can have high GDP and low quality of life.
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