Studied by 8 people
Gross Domestic Product (GDP)
The total value of all products and services produced by a country.
GDP per capita
The total GDP of a country divided by the number of citizens in that country.
Primary sector
The employment sector in which people earn their money by working in agriculture, mining, forestry or fishing.
Secondary sector
The employment sector in which people earn their money by working in a factory
Tertiary sector
The employment sector in which people earn their money by providing services.
Informal sector
The employment sector in which people perform a job that is not registered and where no tax is paid.
Purchasing power
The amount of goods and services you can buy with a certain amount of money.
