gross product
noun[U]
ECONOMICSukusthetotalvalueof all thegoodsandservicesproducedin aparticularplacein aparticularyear:
The Californiagrossproductis $1.6trillion.
Examplesofgross product
gross product
This can be easily verified by striking a ratio betweengrossproductand the "estimated" total asset wealth of a country in money units.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Another array of column vectors is called final demand orgrossproductproduct consumed.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.At a national level, although excluding the imports, when summed this is calledgrossproductoriginating or gross domestic product by industry.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Forest products contribute about 5% to the state'sgrossproductproduct.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This transaction is not recorded ingrossproductmeasures (after all, it isn't new production), nevertheless a surplus-value is obtained from it.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Obviously taxes included in officialgrossproductmeasures do not equal the net total tax take, because some taxes are unrelated to production and therefore excluded.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Indeed, it rises as a share ofgrossproductover time.
From theCambridge English Corpus
As mining and mineral processing are very capital-intensive activities this is not so surprising and perhapsgrossproductoriginating on an industry basis should have been used.
From theCambridge English Corpus
During 1993-8 this sector employed 28n5 % of the labour force, generating 12n7 % of the nationalgrossproduct, with 30n8 % of its commercial activity in street-vended food [1].
From theCambridge English Corpus
The ceiling is made by the limitation of the "grossproduct" of our incomes; that is the ceiling.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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