Chapter 10 Flashcards
The number of births per 1,000 women ages 15-19
Adolescent Fertility Rate
A country that has progressed relatively far along a continuum of development
Developed country
A country that is at a relatively early stage in the process of development
developing country
A process of improvement in the conditions of people through diffusion of knowledge and technology
development
a variation of international trade that provides greater equity to workers, small businesses, and consumers, focusing primarily on products exported from developing countries to developed countries
fair trade
The percentage of women holding full time jobs outside the home
female labor force participation rate
investment made by a foreign company in the economy of another country
foreign direct investment
An indicator constructed by the UN to measure the gender gap in the level of acheivement in terms of income, education, and life expectancy
gender development index
an indicator constructed by the UN to measure the extent of each country’s gender inequality in terms of reproductive health, empowerment, and the labor market
gender inequality index
the value of the total output of goods and services produced in a country in a year, not accounting for money that leaves and enters the country
gross domestic product
the value of the output of goods and services produced in a country in a year, including money that leaves and enters the country
gross national income
an indicator constructed by the UN to measure the level of development for a country through a combination of income, education, and life expectancy
human development index
a modification of the HDI to account for inequality
inequality-adjusted human development index
the percentage of a country’s people who can read and write
literacy rate
provision of small loans and financial services to individuals and small businesses in developing countries
microfinance
eight goals adopted by the UN in 2002 to reduce disparities between developed and developing countries by 2015
milennium development goals
the portion of the economy concerned with the direct extraction of materials from Earth, generally through agriculture
primary sector
the value of a particular product compared to the amount of labor needed to make it
productivity
the number of enrolled students divided by the number of teachers
pupil/teacher ratio
the amount of money needed in one country to purchase the same goods and services in another country
purchasing power parity
the portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials
secondary sector
economic policies imposed on less developed countries by international agencies to create conditions that encourage international trade
structural adjustment program
seventeen goals adopted by the UN in 2015 to reduce disparities between developing and developed countries by 2030
sustainable development goals
the portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment
tertiary sector
theory developed by Immanuel Wallerstein that in an increasingly unified world economy developed countries form an inner core area whereas developing countries are found on the periphery and semi-periphery
world-systems theory
FDI
Foreign development index
GDI
gender development index
GII
Gender inequality index
GDP
gross domestic product
GNI
gross national income
HDI
human development index
IHDI
inequality-adjusted human development index
PPP
purchasing power parity
