All about GDP| What is GDP | and how is it measured and calculated | (తెలుగులో)

#GDP #Methods #Telugu #Sharankumarvaddadi
Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture.
Hello Friends this is Sharan Kumar Vaddadi.
✨ Topics Covered ✨
What is GDP (Gross Domestic Product) -- GDP is the total monetary value of the final goods and services produced within the geographical boundaries of a country in a given period of time.
For a more detailed explanation of the terms:
GROSS: The depreciation in the capital assets of the country, occurred during the year is inclusive. This means, the monetary value of loss of assets due to production activities had not been deducted. If we do deduct it, it becomes NET.
DOMESTIC: Domestic implies, produced within the geographical boundaries. It does not take into account the country's earning outside its geographical boundaries, or foreign remittances. Neither does it deduct transfers outside of the country. If these remittances are added and the transfers deducted, the value becomes NATIONAL.
PRODUCT: The final goods and services. Final implies that intermediate goods are not taken into account. For example, wheat sold for final consumption to consumers will be taken into account, but the amount of wheat sold to bakeries for further production of bread will not be added. The value of bread will be taken into account which will be inclusive of the value of its input: wheat. This is done to avoid double counting.
If you learned something new do like and share this video with your friends and don't forget to subscribe to my channel :)
------------------------------------------------------------------------------------------------
✨ Hashtags ✨
#economics #economicsexplained #economist #theeconomist #economistfilms #economistvideos
#basiceconomics #economic #whatiseconomics
------------------------------------------------------------------------------------------------
Follow Me on :
Twitter : / sharan_vaddadi
Facebook : / sarankumar.vaddadi
Copyright Notice:-
Please feel free to leave me a notice if You find this upload inappropriate.
Contact me personally if You are against an upload which You may have rights to the Images (or) music,
instead of contacting KZbin about a Copyright Infringement....
Thank You..!
Sharan Kumar Vaddadi

[@johnsonkuraganti]

It's nice explanation ...

[@sharankumarvaddadi7919]

Thanks Brother