SS7E3 Vocabulary

Front

the degree of wealth and material comfort available to a person or community.

Back

Standard of Living

Front

The economic well-being and quality of life of a nation, region, local community, or an individual are improved.

Back

Economic Development

Front

the action of teaching a person or animal a particular skill or type of behavior.

Back

Training

Front

The process of receiving or giving systematic instruction, especially at a school or university.

Back

Education

Front

the act of putting money, effort, time, etc. into something to make a profit

Back

Investment

Front

The percentage of people who can read and write

Back

Literacy Rate

Front

An economy is an area of the production, distribution and trade, as well as consumption of goods and services.

Back

Economy

Front

the action of sharing something out among a number of recipients

Back

Distribution

Front

man-made products used by a business to produce consumer or other capital goods

Back

Capital Goods

Front

for each person or per person

Back

Per Capita