Terms : Hide Images
| 308923099 | Development | A process of improvement in the material conditions of people through diffusion of knowledge and technology. | |
| 308923100 | Gender empowerment Index (GEM) | compares the ability of women and men to participate in economic and political decision making | |
| 308923101 | Gender-related development index (GDI) | compares the level of development of women and men with that of both | |
| 308923102 | Human development index (HDI) | Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy. | |
| 308923103 | Gross domestic product (GDP) | The value of the total number of goods and services produced in a country in a given time period (normally one year). | |
| 308923104 | Less developed country (LDC) | Also known as a developing country, a country that is at a relatively early stage in the process of economic development. | |
| 308923105 | Literacy rate | The percentage of a country's people who can read and write. | |
| 308923106 | More developed country (MDC) | Also known as a relatively developed country or a developed country, a country that has progressed relatively far along a continuum of development. | |
| 308923107 | Primary sector | A portion of the economy concerned with the direct extraction of materials from Earths Surface generally through agriculture, although sometimes by mining,fishing, and forestry | |
| 308923108 | Productivity | The value of a particular product compared to the amount of labor needed to make it. | |
| 308923109 | Secondary sector | The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials. | |
| 308923110 | Structural adjustment program | Economic policies imposed on LDCs by international agencies to create conditions encouraging international trade. | |
| 308923111 | Tertiary sector | Involves the provision of goods and services to people in exchange for payment. | |
| 308923112 | Value added | the gross value of the product minus the costs of raw materials and energy. |
