The term "world product" can refer to a variety of different things depending on the context in which it is used. Generally, however, it refers to something that is produced or created on a global scale, often implying some level of collaboration between countries or regions.
In economics, for example, world product refers specifically to the total output of goods and services produced by all nations combined. This includes not only what is produced within each country's borders but also what is produced abroad by companies based in that country. In this sense, it can be seen as a measure of a nation's economic activity or wealth.
In other contexts, the term may refer to something more specific - for instance, a particular product that is manufactured and sold around the world, or an event, such as the Olympic Games, that brings together athletes from many different countries to compete on a global stage.