Chapter 16 Flashcards
1
Q
Developed nations
A
Nations with a higher average level of material well-being
2
Q
Undeveloped nations
A
Nations with the low level of material well-being
3
Q
Per capita GDP
A
I nations gross domestic product or GDP divided by its total population
4
Q
Human capital
A
The skills or knowledge gained by a worker through education and experience
5
Q
Literacy rates
A
Many less developed countries have low literacy rates
