Term
| Gross Domestic Product (GDP) |
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Definition
| The total value of goods and services that a country produces in a year. |
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Term
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Definition
| The process by which manufacturing based on machine power becomes widespread in an area. |
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Term
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Definition
| Percentage of people who can read and write |
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Term
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Definition
| Countries with high levels of industrialization and high standards of living. |
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Term
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Definition
| A system of roads, ports, and other facilities needed by a modern economy. |
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Term
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Definition
| Countries with less productive economies than developed countries and low standards of living |
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