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4.1.1 Growing economies - Coggle Diagram
4.1.1 Growing economies
Economic Growth
the increase in a country's productive capacity, usually measured using GDP
UK has strong and growing service sector whereas emerging economies product mainly manufactured goods
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Indicators of growth
measures economie activity, including all goods and services produced in a year, divided by number of people in country
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- Human Development Index (HDI)
combines stats on life expectancy, education and income for countries into a single number