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Gross domestic product
/ɡɹˈəʊs dəmˈɛstɪk pɹˈɒdʌkt/
/ɡɹˈoʊs dəmˈɛstɪk pɹˈɑːdʌkt/
Gross domestic product
01
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)