Chapter 9 Development Flashcards

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1
Q

Asian dragons

A

highly developed economies of Hong Kong, Singapore, South Korea and Taiwan. These regions were the first newly industrialized countries.

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2
Q

Brandt Line

A

Line dividing MDCs and LDCs

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3
Q

Core perphiery

A

explain the structural relationship between the advanced or metropolitan ‘centre’ and a less developed ‘periphery

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4
Q

Developed country

A

Country high is development

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5
Q

Developing country

A

Country growing in development

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6
Q

Development

A

Growing in tech, med, Ed, etc

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7
Q

Fair trade

A

trade in which fair prices are paid to producers in developing countries.

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8
Q

Foreign direct investment

A

investment in the form of a controlling ownership in a business in one country by an entity based in another country.

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9
Q

Gender empowerment measure

A

Equal rights and opportunities between genders

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10
Q

Gender development index

A

Measure gender equality

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11
Q

Relatively developed country

A

Country mostly developed

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12
Q

Mdc

A

Country with more dev

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13
Q

Gross domestic product

A

the total value of goods produced and services provided in a country during one year.

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14
Q

Human development index

A

used to rank countries into four tiers of human development.

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15
Q

Ldc

A

Country with less dev

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16
Q

Literacy rate

A

% of people with reading and writing capabilities

17
Q

Millennium dev goals

A

Millennium Development Goals by 2015: To eradicate extreme poverty and hunger. To achieve universal primary education. To promote gender equality and empower women.

18
Q

Primary sector

A

Natural resource gathering

19
Q

Secondary sector

A

Related to primary industry

20
Q

Tertiary sector

A

Provide services to customers

21
Q

Quaternary sector

A

Large scale products

22
Q

Structural adjustment program

A

Loans to countries w economic crisis from world bank and international Monterey fund

23
Q

Productivity

A

Amount of product made in a time

24
Q

Rostows model

A

The model postulates that economic growth occurs in five basic stages, of varying length

25
Q

Self sufficiency

A

Working in a country with out imports and exports

26
Q

Transnational Corp

A

Company with many places around world

27
Q

Value added

A

value of an article is increased at each stage of its production