Economics & Society (Today!)

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Presentation transcript:

Economics & Society (Today!) Terms

Directions: Write in the definition or explanation for each term on each slide Some terms will ask you to include an example. Write a country’s name that fits the definition in this space.

Developed Nation Definition: Ex:

Developing Nation Definition: Ex:

Underdeveloped Nation Definition: Ex:

Gross Domestic Product (GDP) Definition:

Per Capita - Gross Domestic Product (GDP) Definition:

Poverty Line Definition: What is the current international poverty line?

Labor Force Definition:

Standard of Living Definition:

Population Pyramid Definition: Ex: (picture)

Famine Definition:

European Union Explanation:

North American Free Trade Agreement (NAFTA) Explanation:

World Trade Organization (WTO) Explanation:

International Monetary Fund (IMF) Explanation: