## Glossary

Prosperity in a narrow sense

A country’s prosperity, expressed in money.

Prosperity in a broad sense

A country’s prosperity expressed in money and immaterial needs, like a good environment or a good health.

Gross Domestic Product (GDP)

The volume of total production of all companies and government authorities in a country.

Economic growth

An increase of GDP in a country.

Factors of production

Resources needed for production (capital,labour,nature and entrepreneurship).

Production sectors

Dividing the economy in four sectors.

Horticultural company

Horticulture is the cultivation of plants in gardens or greenhouses

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