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Financial Terms

GDP

It is used as a measure of a country's economic growth and overall wealth.

Let's discuss one of the key terms in the world of finance - the gross domestic product (GDP). This metric represents the total value of all goods and services produced within a country's borders during a specific timeframe. In simpler terms, it reflects a nation's economic activity and its overall prosperity. As we delve deeper into the intricacies of finance, understanding the significance of GDP becomes crucial. It not only helps us evaluate a country's economic progress but also provides insights into its future prospects.

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