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v. t. e. Gross Domestic Product ( GDP) is a monetary measure of the market value [2] of all the final goods and services produced and rendered in a specific time period by a country [3] or countries. [4] [5] [6] GDP is often used to measure the economic health of a country or region. [3] Definitions of GDP are maintained by several national and ...
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2023. The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
The UK is a developed country and has the world's sixth-largest economy by nominal gross domestic product (GDP). It is a recognised nuclear state, and is ranked fourth globally in military expenditure. The UK has been a permanent member of the UN Security Council since its first session in 1946.
Home economics, also called domestic science or family and consumer sciences (often shortened to FCS or FACS ), [1] is a subject concerning human development, personal and family finances, consumer issues, housing and interior design, nutrition and food preparation, as well as textiles and apparel. [2] Much less common today, it was, and is ...
Theorists of this school maintain that the economies of ex-colonial states remain oriented towards serving external rather than internal demand, and that development regimes undertaken in this context have tended to reproduce in underdeveloped countries the pronounced class hierarchies found in industrialized countries while maintaining higher ...
Gross domestic product (GDP) is a measure of aggregate output. Nominal GDP in a particular period reflects prices that were current at the time, whereas real GDP compensates for inflation. Price indices and the U.S. National Income and Product Accounts are constructed from bundles
The green gross domestic product ( green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Some environmental experts prefer physical indicators (such as " waste ...
Disposable household and per capita income. Household income is a measure of the combined incomes of all people sharing a particular household or place of residence. It includes every form of income, e.g., salaries and wages, retirement income, near cash government transfers like food stamps, and investment gains.