Definitions
What term encompasses the wellbeing of individuals?
Quality of Life
What does GDP stand for?
Gross Domestic Product
What is the literacy rate?
The percentage of people in a population who can read and write.
Standard of Living
What does GNP stand for?
Gross National Product
What is the term to describe countries with developed economies?
Developed Countries
Another term to describe "per person".
Per Capita
What is the total value of goods/services produced within a country's borders?
Gross Domestic Product (GDP)
The term to describe countries with less developed economies?
Developing Countries
What is the relationship between two or more things called?
Correlation
What is the total value of goods/services produced by citizens in country or abroad?
Gross National Product (GNP)
What is the process of interacting with individuals, businesses, or countries on a global scale?
Globalization
The study of populations
Demography
What term refers to wealth and resources within a country?
Economy
describes how a society's total net worth is spread among individuals or households
Wealth Distribution