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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. GDP is the acronym of the gross domestic product and represents an indicator used to estimate the health of a country's economy. In other words, GDP is the total dollar value of all goods and services of a nation, produced over a specific time period. Though investment is an important trigger in a country's GDP growth, a more important factor is the respect for laws and contracts. Learn more about GDP and its socioeconomic significance, by reading this book.