Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

What does the sum of production in the three sectors i.e. primary, secondary and tertiary gives us?

Options:

Gross domestic product

Gross foreign product

Gross fixed product

None of the above

Correct Answer:

Gross domestic product

Explanation:

The sum of production in the three sectors gives what is called the Gross Domestic Product (GDP) of a country. It is the value of all final goods and services produced within a country during a particular year. GDP shows how big the economy is.