Examlex
Describe and give examples of five approaches to community and social change that were presented in Chapter 12.Suggest a strength and a limitation of each approach.
Rich Country
A nation characterized by a high gross domestic product (GDP) per capita, indicating a high standard of living, advanced technological infrastructure, and a well-developed economy.
Nonrenewable Resource
A nonrenewable resource is a natural resource that cannot be replenished or takes a very long time to replenish at the same rate it is consumed or used.
Saving Rates
The proportion of disposable income that is saved by households rather than spent on goods and services.
Real GDP
The total market value of all final goods and services produced in a country in a given year, adjusted for inflation.
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