Deck 1 Flashcards

1
Q

Crude Birth Rate

A

Birth/population X 1000

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2
Q

Crude death rate

A

Population/birth X 1000

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3
Q

Natural increase rate

A

Difference between the death rate and birth rate

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4
Q

Net migration

A

Difference between people immigrating and emigrating

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5
Q

Rule of 70

A

A formula used to calculate how long a number will double based on its growth rate

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6
Q

Threshold population

A

The number of people required for a service to be provided

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7
Q

Population policy

A

State measures taken to moderate population changes

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8
Q

Colonialism

A

Occupying land belonging to dependent others

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9
Q

Emerging economy

A

A country transitioning to a market economy by making use of goods or services

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10
Q

HIPC

A

Heavily indebted poor countries

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11
Q

Globalization

A

The development of international influence or the interconnectedness of the world

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12
Q

Deficit

A

What you spend over what you budgeted

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13
Q

Government tax revenue

A

The government income generated through taxes

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14
Q

Economic output forecast

A

The process of predicting the economic growth or decline of a country

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15
Q

Fiscal gap

A

Governments debt

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16
Q

Demographic time bomb

A

The median age of a country’s population (canadas median is 65)

17
Q

Dependency ratio

A

The number of working people compared to to the number of people under the age of 16 and over the age of 65

18
Q

Debt to GDP ratio

A

The amount of money a country or company makes compared to what they owe

19
Q

Inflationary pressures

A

Anything that makes prices go up

20
Q

National debt

A

Government accrued debt

21
Q

Universal healthcare

A

Socialized health insurance for everyone brought to us by Tommy Douglas

22
Q

Elderly benefits

A

OAS and Canadian Pension Plan