Chapter 9 Development Flashcards
Asian dragons
highly developed economies of Hong Kong, Singapore, South Korea and Taiwan. These regions were the first newly industrialized countries.
Brandt Line
Line dividing MDCs and LDCs
Core perphiery
explain the structural relationship between the advanced or metropolitan ‘centre’ and a less developed ‘periphery
Developed country
Country high is development
Developing country
Country growing in development
Development
Growing in tech, med, Ed, etc
Fair trade
trade in which fair prices are paid to producers in developing countries.
Foreign direct investment
investment in the form of a controlling ownership in a business in one country by an entity based in another country.
Gender empowerment measure
Equal rights and opportunities between genders
Gender development index
Measure gender equality
Relatively developed country
Country mostly developed
Mdc
Country with more dev
Gross domestic product
the total value of goods produced and services provided in a country during one year.
Human development index
used to rank countries into four tiers of human development.
Ldc
Country with less dev