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Gross State Product (GSP) is a measure of the economic performance of a state, representing the total value of all goods and services produced within that state over a specific period, usually a year. It is analogous to the Gross Domestic Product (GDP) but focuses on individual states rather than the entire country. GSP is used to assess the economic health of a state, compare its performance with other states, and inform policy decisions.

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4d ago

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