Economics

2. Expectancy: The average number of years a person can expect to live in a given population based on statistics
4. Domestic Product (GDP): The total value of all the goods and services produced within a country in a year’s time
6. Economy: A system based on private ownership, free trade, and competition
7. Countries: Countries with weaker economies and a lower quality of life
9. Indicator: A measure of a country’s wealth
11. Capita GDP: GDP divided by the number of people within a country; indicates the average income level
13. The persistent increase in the cost of goods and services or the persistent decline in the purchasing power of money
14. and Demand: In a market economy, the principle that suggests prices are determined by the interaction of supply and demand; an increase in supply will lower prices if not matched by an increase in demand; an increase in demand will raise prices unless it is met with an increase in supply
15. The total number of people living in a given area

1. Countries: Countries with strong economies and a high quality of life
2. Rate: Percentage of people within a population age fifteen and over who can read and write.
3. Gross Domestic Product: The total value of all the goods and services produced by a population (city, state, or nation) in a year’s time
5. The amount of goods and services that consumers are willing and able to buy at a given time
8. The study of human populations
10. An official count of population; Note: The US Census Bureau conducts an official census once every ten years. The last census took place in 2010.
12. Income: The amount of money that households have available for spending and saving after income taxes have been taken out
14. The amount of goods and services that are available at a given time