Abstract
The value of all goods and services produced in a country by the resident population in a year is called the Gross National Product (GNP). It represents the result of using resources and managerial control in production. It is the wealth produced by the people. As the country becomes more wealthy the size of the GNP increases; this is called economic growth.
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© 1973 M. J. Sargent
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Sargent, M.J. (1973). The National Economy. In: Economics in Horticulture. Science in Horticulture Series. Palgrave, London. https://doi.org/10.1007/978-1-349-04111-4_1
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DOI: https://doi.org/10.1007/978-1-349-04111-4_1
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-24630-6
Online ISBN: 978-1-349-04111-4
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