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Gini coefficient/index

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12 Terms

1

Gini coefficient/index

A measure of income inequality within a nation, where a higher Gini coefficient indicates worse inequality.

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2

NGOs

Non-governmental organizations that provide social programs or loans, distinct from government-focused initiatives.

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3

Commodities

Raw materials like coffee, cocoa, or oil that have not been processed.

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4

Comparative advantage

Specializing in one industry to gain an advantage in production.

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5

Multiplier effect

One success leading to the creation of more jobs and opportunities.

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6

Lingua franca

A common language like English or Mandarin used for communication.

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7

Creole language

A combination of two languages forming a new one.

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8

Hinduism

A religion originating in India with beliefs in karma, dharma, and rebirth.

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9

Urban infill

Building on underused lands within a city instead of expanding outward.

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10

Autonomous region

A region with some independence from the parent state, like Puerto Rico.

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11

Geometric boundary

Straight-line boundaries often along parallels or meridians.

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12

Decolonization

The process of colonies gaining independence from colonial powers.

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