gross domestic product

(noun)

a measure of the economic production of a particular territory in financial capital terms over a specific time period

Examples of gross domestic product in the following topics:

Differentiation and Rates of Change in the Natural and Social Sciences
- Economists study the rate of change of gross domestic product and social scientists the rate in which populations vote in a specific area.
- Accountants study the rate of change of production and supplies, and how any change can affect cost and profit.