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GDP
Stands for Gross Domestic Product, which measures the total value of all goods and services produced within a country's borders over a specific time period.
Productivity Gains
Increases in the efficiency of production, often measured by the ratio of output to input, which can lead to higher levels of economic growth and wealth.
Infant Mortality Rates
The statistical measure of the number of deaths of infants under one year old per 1,000 live births in a given year.
Industrial Countries
Nations with significant levels of industrialization, high standards of living, and advanced technological infrastructure.
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