The Gross Domestic Product of a country is derived from the different sectors of the economy, namely ______.

Key Points

• The Gross Domestic Product (GDP) of a country is derived from the agricultural sector, the industrial sector, and the service sector.
• These sectors collectively contribute to the overall economic output of the country.
• The agricultural sector includes farming, forestry, and fishing activities.
• The industrial sector encompasses manufacturing, mining, and construction activities.
• The service sector comprises various services such as retail, entertainment, financial services, healthcare, and education.

Additional Information

• The GDP is a crucial indicator of a country's economic health and growth.
• It helps in assessing the overall economic performance and the standard of living of the population.
• Governments and policymakers use GDP data to formulate economic policies and make informed decisions.
• Comparing GDP across different countries can provide insights into the relative economic strengths and areas of improvement.