Examlex
From the end of 2014 until the end of 2016, the S&P/TSX Composite Index rose from 8934 to 12,434. If you had invested $50,000 in a portfolio of the shares of the companies in the Index at the end of 2014, what would the value of those shares have been at the end of 2016? (This calculation considers only the price appreciation of the original shares. It does not include the portion of the growth in the portfolio's value resulting from the receipt and reinvestment of dividends.)
Squatter Settlement
An area of unauthorized or informal housing, often lacking basic services, created by people with nowhere else to live.
Developing Countries
States that have a lower standard of living, less developed industries, and a lower score on the Human Development Index compared to other countries.
Environmental Benefit
Positive effects or outcomes on the natural environment, including improved air and water quality, biodiversity preservation, and ecosystem resilience.
Urbanization
The process by which towns and cities are formed and become larger as more people begin living and working in central areas.
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