In 1991 Soviet GDP had declined by 17 percent and was declining at an accelerating rate... GDP?

Question

What does GDP stand for and mean?

Answer 1

Gross Domestic Product

"A region's gross domestic product,or GDP, is one of several measures of the size of its economy. The GDP of a country is defined as the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time."

http://en.wikipedia.org/wiki/Gross_domestic_product

Answer 2

Gross Domestic Product... ie .. how much money does the country make