Examlex
Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
nouveaux riches
Foreign Aid
Financial or in-kind assistance given by one country to another, often for developmental projects, humanitarian aid, or economic stabilization.
World Bank
A global financial intermediary that provides financial assistance and grants to the governments of developing nations with the aim of pursuing capital project investments.
Economic Growth
An increase in a country's output of goods and services, usually measured by GDP growth.
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
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