4.1.1 Growing economies Flashcards
1
Q
What is the definition for Globalisation?
A
The process that ahs increased the production of goods and services through greater global trade and cultural exchange.
2
Q
What does GDP stand for?
A
Gross domestic product
3
Q
What is GDP?
A
The market value of all goods and services produced in a country in a particular time period.
4
Q
What is GDP per capita?
A
A measure ofa countrys economic output that accounts for its number of people.
