Definition of Gross National Product

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TeachMeFinance.com - explain Gross National Product



Gross National Product

The term 'Gross National Product' as it applies to the area of Earth observation can be defined as ' The total value of all goods and services produced by the people of a given country over a year'.

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Next 5 Terms:
Gross national product (GNP)
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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