Global English 8. Unit 3.5

Explain GDP in your own words. What to the letters stand for and what does the concept mean?

Answer explanation

GDP = Gross Domestic Product

The total value of all the finished products & services produced within a country's borders in a specific time period

The __________ is all the inhabitants of a particular town, region or country?

Money received, usually on a monthly basis, especially for work or through investment

• contract

• income

• per capita

• wealth

What does 'per capita' mean. Translate the meaning from Latin and then explain it.

Answer explanation

Per capita literally means 'per head'.

The average per person

The average period a person can be expected to live is called ____ __________.

providing organised medical care to individuals or a community

• hospitals

• medicine

• doctors

• healthcare

Describe in your own words what social responsibility means.

Answer explanation

a moral obligation on a company or an individual to take decisions or actions that is in favour and useful to society

______ is the value of all resources that are possessed by an individual or society

Providing assistance or comfort to others, typically to help them deal with difficulties that may arise in their lives

• Income

• healthcare

• family support

• social support

Describe in your own words what social class means and give an example.

Answer explanation

a division of a society based on social and economic status.