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4 Cards in this Set
- Front
- Back
development |
processes that bring about changes in economic prosperity and the quality of life |
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developing country |
a country that is making progress in technology, production, and socioeconomic wellbeing |
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Gross National Product |
a measure of the total value of the officially recorded goods and services produced by the citizens and corporations of a country in a given year, and includes things produced both inside and outside the country’s territory |
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Gross Domestic Product |
encompasses only goods and services produced within a country during a given year |