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Gross domestic product
/groʊs
dəmˈɛstɪk
prˈɑdəkt/
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Gross domestic product
noun
1.
The measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year).
Synonym:
GDP
.
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Etymology of 'Gross domestic product'
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