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Comparative performance evaluation methods include the ranking method and forced distributions.
Nation-State
A sovereign state whose citizens or subjects are relatively homogeneous in factors like language or common descent.
Economic Development
The process by which a nation improves the economic, political, and social well-being of its people, often measured by increases in per capita income, reduction of poverty, and improvement of quality of life.
Tariff Reduction
The process of lowering taxes imposed on imported goods, typically to encourage trade between countries.
Homestead Act
A U.S. law enacted in 1862 that provided 160 acres of public land free of charge to any adult who completed five years of continuous residence and cultivation on the land.
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