STS 2
_________ each sector of the society has benefited much on science and technology.
Science and technology - NATIONAL DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY
Communication and transportation are made easier today because of them.
NATIONAL DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY
The following are indicators that are usually used to measure the national development
NATIONAL DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY
Measure either of all the income earned within the country or all the expenditures within the country.
GROSS DOMESTIC PRODUCT (GDP)
The money spent by the consumers in buying products, invested by business establishment and government investments contribute to a country's GDP.
GROSS DOMESTIC PRODUCT (GDP)
is the sum of all the goods and services produced in a country per year by its people.
GROSS NATIONAL PRODUCT (GNP)
refers to the increase in the country's total economic activity.
GROSS NATIONAL PRODUCT (GNP)
It uses the GDP plus the income of people working overseas minus the income paid to foreign citizens and entities.
GROSS NATIONAL PRODUCT (GNP)
Value of all goods & services made by a country's residents & businesses,regardless of production location
GNP
Sound indicator of financial well-being of Americans & U.S.-based multi-national corporations
GNP
Measures production inside of a country, no matter who makes it.
GDP
Sound indicator of health of U.S.economy
GDP
Average income earned by a person in a particular city,region, or country.
PER CAPITA INCOME
It is computed by dividing the country's national income by its population
PER CAPITA INCOME
It could tell the distribution of the individuals who can be considered rich or poor.
INCOME DISTRIBUTION
Measure of how the total GDP of the country is equally distributed among its people.
INCOME DISTRIBUTION
It is the ratio of the employed to the working age population.
PERCENTAGE OF EMPLOYMENT
Employment rate or the measure at which all the available labor resources are being utilized.
PERCENTAGE OF EMPLOYMENT
It is the sum total of all the men and women who are able to work, be employed or unemployed.
STRUCTURE OF LABOR FORCE
It is usually recorded as the person's lifespan from birth.
HUMAN LIFE EXPECTANCY
Average number of years an individual or group of people could be expected to live.
HUMAN LIFE EXPECTANCY
Percentage or density of people living in urbanized area not depending upon agricultural products and other government services
PERCENTAGE OF URBAN POPULATION
It can be non-excludable and non-rivalrous.
PUBLIC GOOD
The government or states pursues it with service orientation while private corporations pursue it with a profit orientation.
PUBLIC GOOD
It is an item or service that may be consumed by all the members of the society.
PUBLIC GOOD
These goods are considered by the government as basic or essential goods such as education, health services and national security.
"PUBLIC" PUBLIC GOODS
It is in the interest not only of the individual public but the entire nation as well.
"PUBLIC" PUBLIC GOODS
The participation of one does not exclude others from participating in it.
"PUBLIC" PUBLIC GOODS
These are non-rival and non-excludable.
"PUBLIC" PUBLIC GOODS
This may also include street lights, law and order.
"PUBLIC" PUBLIC GOODS
Departments are created to address and manage these public goods
"PUBLIC" PUBLIC GOODS
Only those who have the money can avail of these goods.
PRIVATE" PUBLIC GOODS
These goods are set up by private sector either solely or in participation with the government since the private sector sees their realization as profitable and the general public benefits from them as well, either as customers or as free riders.
PRIVATE" PUBLIC GOODS
These are service-oriented.
"MIXED" PUBLIC GOODS
These are mixed in the sense that the undertakers are private groups yet they do not seek profit.
"MIXED" PUBLIC GOODS
These are undertaken by some private organizations or civil societies for the common good of the communal or national public.
"MIXED" PUBLIC GOODS
Some of these are corruption, pollution,crimes and the like.
PUBLIC "BADS"
These are negative goods which are avoided or not tolerated by public and private sectors.
PUBLIC "BADS"