POWER POINT

2. MANNAM FOUNDAITON
CENTRE FOR EDUCATION
TECHNOLOGY,
PORUVAZHY P O EDAKKAD

3. Name : Devika.S
Subject : Social Science
Candidate Code : 16915373002

4. NATIONAL INCOME

5. National income is the total net
value of goods and services
produced within a nation over a
specified period of time representing
some of wages, profit, rents, interest
and pension payments to residences
of the nation.

6. National income is the amount earned from the
production of goods and services in a country
during a year. This is a received mainly from
three sectors.
Agricultural Sector
Industrial Sector
Service Sector
Adding up the income from these sectros we
get national income. When we calculate the
money value of all goods and services
produced in a country during a particulars year,
we get the national income of the country for
that year

7. Concepts of national income
•GNP (Gross National produced)
Gross National produced is an important
concept of national income. It is
calculated on the basis of the final goods
and services produced in a country.

8. GROSS DOMESTIC PRODUCT (GDP)
GDP of a country is the total money
value of the final goods and services
produced within the domestic territory during
a financialyear.

9. NET NATIOANL PRODUCT
Net National Product = GNP – De Priciation
charges

10. Percapita Income
When we divide the national income by
population. We get per capital income.

11. How to calculate national income
There are three methods for estimatng
national income
Product method
Income Method
Expenditure Method

12. Concepts of national income
The economic condition of a country is
calculated to increase production for
economic prosperity. National income is
the total value of a country’s final outpaid
of all new goods and services produced
in one year.