Human Development Index (HDI)
A measure of well-being based on life expectancy, adult literacy, school enrollments and GNP.
The purchase and use of goods and services.
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Making a profit from the labor (work) of others without paying them a fair wage.
Buying and using more products and services than people need.
More Economically Developed Country; one of the richer countries.
Less Economically Developed Country; one of the poorer countries.
A message to persuade consumers to purchase a particular product or service.
Worldwide; involving the entire world.
Having to do with morals, values, right and wrong.
An association of workers formed to gain higher wages and better working conditions.
A very large company with offices or factories in several countries.
To sell, commodities (goods or services) to another country.
A system of trade where the people who grow the crops used in a product are given a fair price for their goods.
The process in which countries are increasingly linked to each other through trade and culture.
Trade between countries without quotas, tariffs, or other restrictions.
Gross National Product (GNP)
The total value of all goods and services produced by a country in one year.
The selling of goods to consumers.
Making products for sale.
Having little or no money and few or no possessions.
standard of living
The conditions in which people live, including their housing, employment and social services.
A factory where workers work long hours at low wages (often under unhealthy conditions) and are prevented from forming unions.
A piece of clothing.
Being able to continue into the future.