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I would like to know if I am right in this type of identification. the bold words is my answer Gross Domestic Product - It

I would like to know if I am right in this type of identification. the bold words is my answer

  1. Gross Domestic Product- It is the value of the selected well-being indicator that marks the minimally acceptable level, below which people merit special policy attention.
  2. Department of Labor and Employment- It is one of the executive departments of the Philippine government mandated to formulate policies, implement programs and services, and serve as the policy-coordinating arm of the Executive Branch in the field of labor and employment. It is tasked with the enforcement of the provisions of the Labor Code.
  3. Gross Domestic Product- It is the monetary value of all finished goods and services made within a country during a specific period.
  4. 4Agriculture- It is the process of producing food, feed, fiber and many other desired products by the cultivation of certain plants and the raising of domesticated animals (livestock).
  5. poverty line- It is a measure of the depth of that person's poverty in units of income.
  6. Population Pyramid -Graphical representation of the age and sex composition of a specific population.
  7. birth rate- It is the rate at which the rate of birth is higher than the rate of death in the world.
  8. Cattle Cranch- A large landed estate in Spain or Latin America.
  9. Poverty It is a measure of the depth of that person's poverty in units of income.
  10. death Rate - Number of deaths per thousand of the population per year.
  11. Population- It is defined as a group of individuals of the same species living and interbreeding within a given area.
  12. Poverty It is the complete lack of the means necessary to meet basic personal needs, such as food, clothing, and shelter.
  13. Poverty Gap It is a measure of the intensity of poverty. It is defined as the average poverty gap in the population as a proportion of the poverty line.
  14. DTI- It is a prime mover of consumer welfare. It is committed to protecting the rights and interests of the consumers and is also committed to developing policies and programs aimed at sustaining the growth and development of the Philippine economy.
  15. Agricultural Industry- Industry in which includes enterprises engaged in growing crops, raising fish and animals, and logging wood, encompasses farms, dairies, hatcheries, and ranches.
  16. HEAD COUNT RATIO- It is the fraction (sometimes expressed as a percentage) of households in a population with incomes below the poverty line.
  17. POVERTY GAP INDEX- Index estimates the depth of poverty by considering how far, on the average, the poor are from that poverty line.
  18. RURAL DEVELOPMENT- It is the process of improving the quality of life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas.
  19. Poverty Trap- It is the total amount of money that would be required to bring every poor person's income up to the poverty line (if the money could be targeted perfectly and costless to the right people).
  20. Department of Agrarian Reform - It is the lead government agency that holds and implements comprehensive and genuine agrarian reform which actualizes equitable land distribution, ownership, agricultural productivity, and tenurial security for, of and with the tillers of the land towards the improvement of their quality of life.
  21. DUALISTIC DEVELOPMENT THEORY -A theory that recognizes the existence and persistence of increasing divergences between rich and poor nations, and between rich and poor people at various levels.
  22. DA- It is responsible for the promotion of the country's agricultural development. It provides policy framework, public investment, and support services needed for domestic and export-oriented businesses.
  23. Income Inequality - It is just the simple average over all the poor of their proportional income gaps.
  24. GDP- It is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
  25. AGRICULTURAL DEVELOPMENT- t is defined as the process that creates the conditions for the fulfilment of agricultural potential. Those conditions include the accumulation of knowledge and availability of technology as well as the allocation of inputs and output.
  26. Poverty- It is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living.

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