UrbanPro
true

Take Class 11 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is the difference between GDP and GNP?

M
Maroof
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

Commerce
I can teach 11/12 th commerce all subjects only in kanpur. Teaching for 4 years.

What is Co- Branding?
Co branding is the utilization of two or more brands to name a new product. The ingredient brands help each other to achieve their aims. The overall synchronization between the brand pair and the new product...
K

Adam Smith's Economic theory
The classical principle of unfastened marketplace economics, to paintings right, has greater necessities than maximum fans realize of or intentionally pick out to ignore. Several years earlier than he...

INFLATION
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central Banks attempt to limit inflation —...

Consumer Equilibrium
Basic Terms: 1.Utility:It refers to want satisfying power of the commodity.It is measured in utiles. 2.Types of Utilities: Tototal Utility: It refers to sum total of utility that is received from...
X

Looking for Class 11 Tuition Classes?

The best tutors for Class 11 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 11 Tuition with the Best Tutors

The best Tutors for Class 11 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 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 7.5 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