Net National Product (NNP) is the total market value of all final goods and services produced by citizens of an economy during a given period of time (Gross National Product or GNP) minus depreciation. Depreciation measures the amount of GNP that must be spent on new capital goods to maintain the existing capital stock. Market capitalization, often abbreviated to market cap, mkt. ... Good. ... In economics and marketing, a service is the non-material equivalent of a good. ... The word citizen may refer to: A person with a citizenship Citizen Watch Co. ... Measures of national income and output are used in economics to estimate the value of goods and services produced in an economy. ... Declining-balance depreciation of a $50,000 asset with $6,500 salvage value over 20 years. ... Capital goods, in contrast to consumer goods, are goods used in the production of (physical) capital. ...

NNP is the amount of goods in a given year which can be consumed without reducing the amount which can be consumed in the future. Setting part of NNP aside for investment permits the growth of the capital stock (see economic growth), and the consumption of more goods in the future. Investment is a term with several closely-related meanings in finance and economics. ... Accumulated GDP growth for various countries. ... Consumption is the using up of a resource. ...

EXTERNAL LINK

• - Frank Dixon's article on Why Gross National Happiness is a better indicator of National Happiness and the failures of GNP and Western Economic Systems