Examlex
Uhuru is a Swahili word meaning
Developed Nations
Countries with high levels of industrialization, a higher standard of living, and advanced technological infrastructure.
Growth Slowing
A situation where the rate of expansion in an economy, market, or company starts to decelerate.
Great Recession
A significant global economic downturn that began in 2007 and lasted until 2009, marked by widespread financial crises, bank failures, and high unemployment rates.
Deficit
The amount by which a government's, company's, or individual's spending exceeds its income over a particular period of time.
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