INFO CHART: History of the United State’s GDP growth since 1923

"The rise and falls of the United State's Gross Domestic Product growth since 1923"

Gross Domestic Product (GDP): Gross National Product MINUS any payments on foreign investments.

The monetary “value” of all of a nation’s goods and services produced within a nation’s borders and within a particular period of time, such as a year. It became the official measure of the U.S. economy in 1991. It replaced “gross national product,” which covered all goods and services produced by U.S. residents regardless of where they were working.

 

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About GREGinSD

A Generation X|Y'er that resides in beautiful San Diego, Ca.
This entry was posted in Economics, History, News and politics, Trends and tagged , , , , , , , , , , , , , . Bookmark the permalink.

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