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2024 update|GGH3702 Economic Growth /Sustainable Development| latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!$15.99
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2024 update|GGH3702 Economic Growth /Sustainable Development| latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
2024 update|GGH3702 Economic Growth /Sustainable Development| latest |COMPREHENSIVE MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
2024 update|GGH3702 Economic Growth
/Sustainable Development|2024-2025 latest
|COMPREHENSIVE MOST TESTED QUESTIONS
AND VERIFIED SOLUTIONS | GET IT 100%
ACCURATE!!
Terms in this set (40)
The ability of the economy to produce increasing
Economic Growth
quantities of goods and services.
The level of income, material goods and necessities
Living Standards available to socio-economic classes in a certain
geographic area.
A management approach that involves developing
Environmental
strategies that both sustain the environment and
Sustainability
lead to economic growth.
The quality of life which could be affected by
Non-Material Living
amount of leisure time, happiness, life expectancy,
Standards
crime rate and quality of the natural environment.
Economic growth that continues over time and also
improves social conditions but does not deplete
Sustainable Economic
natural resources or cause environmental damage
Development
that would undermine or preclude continuing
economic growth.
An alternative that we sacrifice when we make a
Trade-Off
decision.
Total value of goods and services produced in a
GDP per capita
year divided by the population.
A market in which buying and selling take place at
Black Market
prices that violate government price regulations.
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