Nigeria Key Words

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Nigeria Key Words
Alexandra Williams
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Alexandra Williams
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NGO Non-government organisation
NEE Newley Emerging Economy
HIC High income country (eg. The UK)
LIC Low income country ( Eg. Bangladesh)
Economic development When a country gets richer usually through increased manufacturing and trade
Quality of life Standard of health, comfort and happiness experienced by individuals
Primary industry Extraction of raw materials (E.g. Farming/fishing)
Secondary industry Using raw materials and making something with it.
Tertiary industry Provision of goods and services (E.g. Shop assistant)
Quaternary industry Research and development industry with high skills (E.g. Apple inventor)
Infrastructure The framework of transport and energy networks.
Globalisation A process that has increased connections around the world
Manufacturing The making of products on a larger scale using machinery in factories.
TNC Trans national corporation
International aid Money, goods or services given by the government of one country to another to improve quality of life.
Trade The buying and selling of items with other countries.
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