Examlex
Because of the obvious linkage with the business, there is a tendency for the identification of key IT capabilities to result in a list that is much more business-speak than IT-speak.
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time, often measured as the annual percentage increase in real GDP.
Social Overhead Capital
Infrastructure and public goods provided by the government or public sector, essential for economic activities and societal well-being, such as roads, schools, and hospitals.
Developing Country
A nation with a lower level of industrialization, lower living standards, and lower Human Development Index scores compared to developed countries.
Private Sector
The part of the economy that is run by individuals and companies for profit and is not under direct state control.
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