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Institutional Obstacle
Barriers established by social, legal, or political institutions that hinder economic development or the operation of markets.
Extreme Poverty
A condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information. It depends not only on income but also access to services.
Basic Human Needs
Fundamental requirements necessary for individuals to live a healthy and comfortable life, including food, water, shelter, and clothing.
Industrially Advanced
Pertains to countries or regions with highly developed industries, including large manufacturing and technology sectors, contributing to strong economic growth.
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