when countries work together in the economic sphere to achieve mutual objectives; such as...
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Grade 12
Type: Study Card
Economic development refers to an increase in the standard of living of the majority of people...
Type: Glossary
the right of individuals to be involved in any type of legal work and to produce; trade; consume...
Type: Glossary
the increase in the productive capacity of the economy (measured by the real GDP over time) so...
Type: Glossary
a measure of economic growth from one period to another in percentage terms
Type: Glossary
statistical information about the economy that shows present conditions and trends in economic...
Type: Glossary
trade unification between different states by the partial or full abolishing of customs duties...