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In 1990,the United Nations Development Program Introduced the Human Development

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In 1990,the United Nations Development Program introduced the Human Development Index (HDI),establishing three new criteria-in addition to gross domestic product (GDP)-for measuring the level of development in a country: life expectancy,health,and education.


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Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership of the company.

Firm's Assets

All items of value owned by a company, such as cash, equipment, and intellectual property.

Call Option

An economic deal that permits the buyer to have the option to acquire a stock, bond, commodity, or another asset at a predetermined price during a designated period, without being obligated to do so.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a set price within a specific time.

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