chapter 10 Flashcards
the process of improving the conditions of people through diffusion of knowledge and technology.
Development
what are the three contributions of development
long and healthy life, aquire knowledgment, access to resources
to determine the level of development of every country/ world’s societies (standard of living, healthy life, access to knowledge)
Human Development Index (HDI)-
how is standard of living measured
gross national income (GNI) and purchasing power parity (PPP)
the value of the output of goods and services in a country in a year, including money that leaves and enters the country
Gross National Income (GNI)
the valute of the output of goods and services in a country in a year (not including the money entering an leaving the country)
GPD (gross domestic product)
measures average wealth, not its distribution among citizens
per capita GNI
an adjustment made to the GNI to account for differences among countries in the cost of goods.
Purchasing Power Parity (PPP)-
GDP divided by the population
GPD per capita
different sectors of jobs
primary (agriculture), secondary (manufacturing), tertiary ( retail and education)
which countries are more productive
developed
the value of a particular product compared to the amount of labor needed to make it.
Productivity
knoweldge components are measured by (4)
years of schooling for today’s adults (25 or older)
expected years of schooling for today’s youth
pupil-to-teacher ratio
literary rate
what is the main health indicator
life expectancy at birth
what is wealth used for in developed countries
goods and services (transportation, computers, phones, cars)
Modifies the HDI to account for inequality within a country.
Inequality-Adjusted Human Development Index (IAHDI)
if IAHDI is lower than HDI then the country is unequal
in an increasingly unified world economy, developed countries form inner core area, whereas developing countries occupy peripheral locations
World-systems theory- (wallerstien)
created by the UN, measures the gender gap in the level of achievement in three dimensions; reproductive health, empowerment, and the labor market. (0 is equal 1 is unequal)
Gender Inequality Index (GII)
how is gender inequality measured (3)
amount of women in labor force, reprodutive rights, empowerment
how is empowermen measured
women in national legisture and women completed high school
what is the country where GII increased
US
gender inequality ______ with more development
increases
created by the UN, measures the gender gap in the level of achievements for the three dimension of the Human Development Index; income educations, and life expectancy
Gender Development Index (GDI)-
two obsitcals in encourarging development
Adopting policies that successfully promote and sustain development
Finding funds to pay for development
how does the world trade organization reduce trade barriers
Reduce restrictions( tariffs and quotas
Enforcement (violations)
cons of self-sufficiency
inefficent industries
lack of comperitiveness
corruption
black market
investment made by a foreign company in the economy of another country.
Foreign Direct Investment (FDI)
in what type of countries is FDI distributed unevanly
developing