true

Find the best tutors and institutes for Class 12 Tuition

Find Best Class 12 Tuition

Please select a Category.

Please select a Locality.

No matching category found.

No matching Locality found.

Outside India?

What is the difference between GDP and GNP?

Maroof A.
29/07/2019 0 0

GDP is Gross Domestic Product. It is the total value of goods and services produced within the boundaries of a nation in a given time period. E.g. 1 year

The value of goods and services produced by both Indian and foreign National are taken into account.

GNP is the Gross National Product. Here the difference is the fact that boundary restriction is not there. However, the values produced by Indian national residing anywhere in the world is considered.

0 Dislike
Follow 2

Please Enter a comment

Submit

Other Lessons for You




Macroeconomics: GDP and other indicators.
Need for the indicators in Macro analysis? Like the accounts of a business, national income accounts have two sides: a product side and an income side. The product side measures production and sales....

Ishwar Jangid | 29/05/2020

0 0
0

Division of labour
By division of labour we mean specialisation in work. Under it the worker specialises either in the prouduction of a single commodity or single sub-process . It is a system whereby the operations necessary...

Disha S. | 02/05/2020

1 0
0

Looking for Class 12 Tuition ?

Find best Class 12 Tuition in your locality on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
Sponsored
X

Looking for Class 12 Tuition Classes?

Find best tutors for Class 12 Tuition Classes by posting a requirement.

  • Post a learning requirement
  • Get customized responses
  • Compare and select the best

Looking for Class 12 Tuition Classes?

Find best Class 12 Tuition Classes in your locality on UrbanPro

Post your learning requirement

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 25 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 6.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more