Economics A-Level
GDP (Gross Domestic Product)
What GDP (Gross Domestic Product) means in Economics A-Level, as defined for Pearson Edexcel.
Definition of GDP (Gross Domestic Product)
The total market value of all final goods and services produced within a country's borders in a specific time period.
Topics that use GDP (Gross Domestic Product)
- National income (Pearson Edexcel A-Level)
Related terms
Using GDP (Gross Domestic Product) in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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