Gross domestic product - Free Economics Essay - Essay UK.
Chapter 1, Introduction. In the past, the sugar industry was the backbone of the Mauritian economy, but since a few years, the republic of Mauritius has been witnessing a change concerning the importance of the different industries contributing to the Gross Domestic Product or GDP.
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Gross domestic product (GDP) is the total value of all goods and services produced in the economy during a specified period of time, such as a year or quarter. Improvements in the economic well-being of individuals in any society cannot occur without such an increase in real GDP. Real GDP per capit.
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