GDP is a basic measure of a nation's economic output and income. It is the total market value, measured in dollars, of all final goods and services produced in the economy in one year.
Standard detail
1.
Benchmark
Depth 1Parent ID: 370984F1735D4DED9DF9365CC33EEAAAStandard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 1.
- List ID
- 1.
- Standard ID
- 246F65F31D6248C0ABF79AD98B953199
- ASN identifier
- S2604854
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 370984F1735D4DED9DF9365CC33EEAAA
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US