Economy Flashcards
1
Q
GDP
A
Gross Domestic Productt
the value of all produce and spending within a country
2
Q
human development index
A
a measure of several indicators including life expectancy, inequality and education
3
Q
informal work
A
self employed or temporary work which provides a small wage and limited insurance
4
Q
poverty line
A
the minimum amount of income a person needs to live adequately
5
Q
primary industry
A
employment and business that produce raw materials
6
Q
quaternary industry
A
employment and business in technology or research
7
Q
secondary industry
A
employment and businesses that manufacture or process raw materials into goods
8
Q
tertiary industry
A
employment and businesses that provide services to the public
