Economic structure refers to how an economy is organized. It measures a country’s total economic output (GDP) and
Tag: development indicators
pattern of international trade
A country’s pattern of trade describes the types of goods and services it sells (exports) or buys (imports),
tertiary sector
The tertiary sector, also known as the services sector, includes all economic activities that provide intangible services instead
secondary sector
The secondary sector refers to the part of the economy that focuses on the processing of raw materials
primary sector
The primary sector is the part of an economy that focuses on extracting and harvesting natural resources directly
urbanisation
Urbanisation is the process where more people move to live in cities and towns. It usually happens due
optimum population
Optimum population is the ideal number of people in a country that creates the highest standard of living.
death rate
The death rate is the average number of deaths for every 1,000 people in a population during a
birth rate
The birth rate measures the number of live births for every 1,000 people in a population during a
population growth
Population growth is the change in the number of people living in a country over a certain period.