Phrases with «economic output»

"Economic output" refers to the total value of products, goods, and services that are produced within a certain time period in an economy. It measures the overall production and productivity of businesses and industries, indicating the level of economic activity and the resulting goods and services available to people. Full definition

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Sentences with «economic output»

  • Watch the world economy evolve over 35 years in this video, which captures the breakdown of economic output by country. (visualcapitalist.com)
  • By way of comparison, the drop in economic output over the course of the last recession is believed to be less than $ 3 trillion. (educationnext.org)
  • When economic activities pertaining to economic growth factors perform within a confined geographical area a relatively small section of total economic output is establishing. (teenanalyst.com)
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