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economics
Term | Definition |
---|---|
Urban | Found or living in a city. |
Rural | Found in or living in areas that are not close cities. |
Gross Domestic Product (GDP) | The total value of goods and services produced in a country in a year. |
Gross Domestic Product per Capita (GDP per capita) | Total value of goods and services produced in a year DIVIDED by the population. (This statistic reveals the average wealth per person in a country) |
Literacy | The ability to read and write. |
Life Expectancy | The average age to which a person in a given population can expect. (Life expectancy varies from one country to another) |
Infrastructure | The basic facilities and structures (roads, bridges, buildings) that are needed for a country to function. |
Telecommunications | Electronically transmitted communication. |