Chpt. 9

a process of improvement in the material conditions of people through diffusion of knowledge and technology

Gender Empowerment Measure


compares the ability of women and men to participate in economic and political decision making

Gender-Related Development Index


compares the level of development of women with that of both sexes

Gross Domestic Product


the value of the total output of goods and services produced in a country in a given time period

Human Development Index


indicator of level of development for each country, contructed by United Nations, combining income, literacy, education, and life expectancy

Less Developed Country


also known as a developing country, a country that is at a relatively early stage in the process of economic development
Literacy Rate
The percentage of a country’s people who can read and write

More Developed Country


also known as a relatively developed country, a country that has progressed relatively far along a continuum of development
Primary Sector
the portion of the economy concerned with the direct extraction of material’s from Earth’s surface, generally; through agriculture, although sometimes by mining, fishing, and forestry
the value of a particular product compared to the amount of labor needed to make it
Secondary Sector
the portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials
Structural Adjustment Program
economic policies imposed on less developed countries by international agencies to create conditions encouraging international trade
Tertiary Sector
the portion of the economy concerned with transportation, communication, and utilities
Value Added
the gross value of the product minus the costs of raw materials and energy

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