| TERM/PHRASE | CLASSIFICATION | DESCRIPTION |
|---|---|---|
| Appropriate Technology | is a development term | which signifies technology that is readily applicable to the person and society |
| Capital Account | is a national record | which monitors direct foreign investment, the purchase of foreign stocks and bonds, the international reserves of the government, foreign loans and subscriptions, and the chartered banks' foreign currency position |
| Carrying Capacity (Agriculture) | is an indicator | which shows the amount of land needed to support one grazing animal |
| Cost Effective | is a decision | which indicates that the profit gained from improved production is more than the cost of the improvement |
| Cost-Benefit Analysis | is an evaluation technique | which considers the social and financial advantages and disadvantages before making a decision |
| Current Account | is a national chequing account | with which a government keeps a record of goods bought and sold abroad |
| Developed Country | is a standard of living term | which indicates a country whose citizens enjoy high incomes, an abundance of quality food, comfortable housing, etc. |
| Developing Country | is a standard of living term | which indicates a country still trying to acquire the standard of living enjoyed by citizens in a developed country |
| Multiplier Effect | is an indicator | which measures the total impact on the economy caused by the expansion or contraction of one of its parts |
| Sustainable Development | is a process | in which development does not deplete the earth's resources or disturb fragile ecosystems |
| Sustained Yield | is a rate of harvest | which allows the use of a renewable resource at a rate that permits the resource to replenish itself |
| Tied Aid | is a condition of trade | which states that aid will be given by one country to another as long as certain stipulations are met |