Examlex
Select the word or phrase that best matches the definition or example.
-Western Europe's unkind nickname for the Ottoman Empire in the nineteenth and early twentieth centuries,a name based on the sultans' inability to prevent Western takeover of many regions and to deal with internal problems;it fails to recognize serious reform efforts in the Ottoman state during this period.
Gross National Product
The total value of all goods and services produced by a country's residents in a specific time period, including international activities.
Output
The amount of goods or services produced by a company, country, or economic system.
Human Development Index
An index measuring average achievements in a country in three basic dimensions of human development: long and healthy life, knowledge, and a decent standard of living.
Purchasing Power Parity
An economic theory and a method to compare the relative value of currencies, based on the cost of a standard set of goods and services in different countries.
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