a nation working towards improved industrialization, economic stability, and enhanced living standards for its populace.

average income per person given in a country

nations livs below the international poverty line

developing countries often grapple with this .Whether its road networks in rural areas of India or electricity supply in parts of sub - Saharan Africa

Countries like Nigeria and Pakistan have seen their populations surge over the past decades, placing pressure on resources and infrastructure.

higher rates of infectious diseases and lower life expectancy.

have low literacy rates, particularly among women, impacting the work force's skill level and the economy's productivity.

main indicators of these are high poverty levels (i.e very low incomes), high levels of inequality, very poor housing, low standards of health, high infant mortality rates, high levels of malnutrition and a lack of education.

state of one who lacks a usual or socially acceptable amount of money or material possessions to satisfy their basic needs.

inability to meet their basic needs

one may meet basic needs, in whole or in part, but their income level falls below the average in their area, impacting their quality of life.

This can happen when a particular set of circumstances, such as a divorce, death, or serious illness, severely impacts one's financial means

also known as cylclical poverty

is  a  graphical representation  of  an  economic  inequality  mode

refers to a group of organisms of the same kind or species living in the same place at the same time

refers to the increase in the number of individuals in a population in a particular year

Philippines ranks ___ among Asian countries with a big population

Philippines ranks ___ among most populous countries in the world

refers to a situation in which the workers who are capable of working and willing to work do not get employment

occurs when a worker moves from one job to another

arises when the qualification of a person is not enough to meet his job responsibilities

demand deficient unemployment occurs when the economy is in need of low workforce.

occurs when an occupation is not in demand at certain seasons

measure of employment and labor utilization in the economy that looks at how well the labor force is being used in terms of skills, experience, and availability to work

Defined as the number of employment less than 40 hours per week and wanting additional weeks

Defined as the number of people working 40 hours or more per week and still wanting additional work

Also called the workforce. The total number of people employed or seeking employment in a country or region

is the movement of people from the countryside or villages to cities or towns

conditions in the rural areas that compel people to leave

those things in the urban areas that attract people in the rural areas

the start of rapid growth of tertiary education in the Philippines. (YEAR)

Vocational-technical Education has started for its direct relevance to manpower needs in agriculture and industry. (YEAR)

Education enhances the skills, knowledge, and abilities of individuals, leading to higher productivity and economic growth. Well-educated individuals contribute more effectively to the workforce and innovation

Education is a key driver of social mobility and poverty reduction. Access to quality education empowers individuals to secure better-paying jobs, thereby lifting them out of poverty and reducing income inequality

Education promotes financial literacy and responsible decision-making, which can help mitigate economic instability and reduce the likelihood of financial crises

problems of efficiency in education

is the only region where overall food security and livelihoods are becoming worse, with 278 Million people faces hunger or acute food insecurity

What is a characteristic of economic growth in the following?

OECD findings suggest what about the relationship of income inequality and growth?

TRUE OR FALSE Population growth refers to the DECREASE in the number of individuals in a population over a particular year.

FRICTIONAL UNEMPLOYMENT occurs when a person is not qualified enough to meet his job responsibilities.

Who is the economist credited with developing the Lorenz Curve?