chapter 9 development Flashcards
core
The zone of greatest concentration or homogeneity of the culture traits that characterize a region.
core-periphery model
A model that describes how economic, political, and/or cultural power is spatially distributed between dominant core regions, and more marginal or dependent semi-peripheral and peripheral regions.
development
The economic, social, and institutional evolution of national states.
fair trade
Alternative to Industrial trade that emphasizes small bussinesses and worker owned/democraticall run cooperatives and requires employers to pay workers fair wages, permit union organizing, and comply with minimum environmental and safety hazards
gross domestic product (GDI)
The value of the total output of goods and services produced in a country in a given time period (1year)
human development index (HDI)
Developed by UN; Combines several measures of development: Life expectancy @birth, adjusted GDP per capita, and knowledge (School, literacy)
least cost theory
Alfred Weber’s theory of industrial location, explaining and predicting where industries will locate based on cost analysis of transportation, labor, and agglomeration factors.
new international division of labor (0utsourcing)
Division of the manufacturing process across serveral countries, wherein different pieces of the procuct are made in different countries, and then the pieces are assembled in yet another country.
primary economic activities
economic activity concerned with the direct extraction of natural resources from the environment; such as mining, fishing, lumbering, and especially agriculture
productivity
A measure of the goods and services produced within a particular country.
periphery
Countries that usually have low levels of economic productivity, low per capita incomes, and generally low standards of living. The world economic periphery includes Africa(except South Africa), parts of South America, and Asia.
quaternary economic activities
Economic activities concerned with research, information gathering, and administration.
quinary economic activities
The most advanced form of quaternary activities consisting of high-level decision making for large corporations or high-level scientific research.
rostows development model
A model of economic development that describes a country’s progression which occurs in five stages transforming them from least-developed to most-developed countries.
secondary economic activities
Economic activities concerned with the processing of raw materials such as manufacturing, construction, and power generation.