Examlex
Reading readiness tests place major emphasis on which of the following skills?
Economic Growth
An increase in the production of economic goods and services, compared from one period of time to another, typically measured by GDP.
Less Developed Countries
Countries with a lower level of material wealth, economic activity, and quality of life, often characterized by low GDP per capita and human development indices.
Production Predominates
A condition where the manufacturing or creation of goods is the dominant economic activity in a particular area or sector.
Savings Rate
The percentage of income that is not spent on consumption but instead is saved or invested for future use.
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