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3 Cards in this Set
- Front
- Back
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What is development? |
Development is an increase in the standard of living in a county |
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Where do developing countries tend to be? |
South of the equator (except Australia and New Zealand) |
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Describe an economic indicator with examples |
An economic indicator is a stats tic about a country and is used to illustrate a country's level of development e.g GNP (gross national product) this is the value of goods produced by a country divided by the population giving an average income for each citizen. |
