Geography- Measuring Economic Aspects Of Development Flashcards
1
Q
GDP
A
Gross domestic product
2
Q
A country’s income is
A
Measured using GDP
3
Q
GDP=
A
Total value of goods and services produced by a country in one year
4
Q
GDP/capita
A
Gross domestic product per capita
5
Q
GDP/capita is the
A
Average income of a person living in the country
6
Q
Per year
A
pa
7
Q
Per capita means
A
Per person
8
Q
GDP/capita =
A
GDP of country/population of country = #billion/…000 000 000= #per person pa