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Secondary sector of the economy

Chapter 9

Subject: 
Human Geography
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Tags: 
National accounts
economics
Development
Human Development Index
Economic sector
Gross domestic product
Developing country
Tertiary sector of the economy
Secondary sector of the economy
Value added
Primary sector of the economy
Economy

Notes on Key Issue 1; Chapter 9 Development- the process of improving the material conditions of people through diffusion of knowledge and technology More Developed Countries (MDCs) - has progressed further along the development continuum Less Developed Countries (LDCs) - a country in an earlier stage of development Human Development Index (HDI) - recognizes that a country?s level of development is a functio9n for all three factors 3 factors- economic, social and demographic Highest HDI is Norway at 0.944 in 2001 Economic Indicator is gross domestic product per capita Gross Domestic Product (GDP) - value of the total output of goods and services produced in a country Jobs three categories- primary, secondary and tertiary
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