Gross Domestic Product
Underdeveloped Country
Developed Country
Developing Country
Primary Economy
Secondary Economy
-country with most needs met and many extras -good standard of living -good housing, roads, services
-country with few needs met -low standard of living -poor housing, roads, services
Amount of money and goods a country makes in a year
Economy mostly dealing with agriculture and raw materials
Economy mostly dealing with manufacturing products (manuFACTuring=FACTories)
-country with most needs met, some extras -okay standard of living -okay housing, roads, services