Deck 1 Flashcards
Crude Birth Rate
Birth/population X 1000
Crude death rate
Population/birth X 1000
Natural increase rate
Difference between the death rate and birth rate
Net migration
Difference between people immigrating and emigrating
Rule of 70
A formula used to calculate how long a number will double based on its growth rate
Threshold population
The number of people required for a service to be provided
Population policy
State measures taken to moderate population changes
Colonialism
Occupying land belonging to dependent others
Emerging economy
A country transitioning to a market economy by making use of goods or services
HIPC
Heavily indebted poor countries
Globalization
The development of international influence or the interconnectedness of the world
Deficit
What you spend over what you budgeted
Government tax revenue
The government income generated through taxes
Economic output forecast
The process of predicting the economic growth or decline of a country
Fiscal gap
Governments debt
Demographic time bomb
The median age of a country’s population (canadas median is 65)
Dependency ratio
The number of working people compared to to the number of people under the age of 16 and over the age of 65
Debt to GDP ratio
The amount of money a country or company makes compared to what they owe
Inflationary pressures
Anything that makes prices go up
National debt
Government accrued debt
Universal healthcare
Socialized health insurance for everyone brought to us by Tommy Douglas
Elderly benefits
OAS and Canadian Pension Plan
