Global Economics and Development
What is development?
Measurement of a country's economic health, social conditions and standard of living
When a government's main source of income is based on one industry
What is infrastructure?
The support or cornerstone of a country or state
What is initiative?
An amendment that is introduced by a private citizen
What is per capita?
The gross domestic product of a country, divided by population
What is referendum?
An amendment that is introduced in the state legislature