Concept of education

Classified in Economy

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inequality:the unfair situation in society when some people have more opportunities,money, etc. Than other people:

global village:The term global village represents the simplifying of the whole world into one village through the use of electronic media.

MEDC:A developed country (MEDC) is a rich country.

LEDC:A developing country (LEDC) is a poor country.

fair trade:comercio justo(trade between companies in developed countries and producers in developing countries in which fair prices are paid to the producers.)

conflict-mineral:(Especially in Africa) A mineral mined in an area of armed conflict and traded illicitly to finance the fighting.

economic development:Economic development is the process by which a nation improves the economic, political, and social well-being of its people.

development index:The rank a country has in the HDI index ( Human Develop index that measures health). Education and standard of living.

HDI:The rank a country has in the HDI index ( Human Develop index that measures health). Education and standard of livin

GINI:A statistical measure of the degree of variation represented in a set of values, used especially in analysing income inequality.

NGO:A non-profit organization that operates independently of any government, typically one whose purpose is to address a social or political issue.

wealth:An abundance of valuable possessions or money.

Plentiful supplies of a particular resource.


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