Development Flashcards

1
Q

What is development

A

Progress is being made in technology production and socio economic welfare

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2
Q

What’s GDP stand for

A

Gross domestic product

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3
Q

Total value of goods/services produced within a country

A

GDP

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4
Q

What does GNP stand for

A

Gross national product

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5
Q

Total value of goods and services produced in a country PLUS the goods and services produced by citizens / corporation of the country abroad

A

GNP

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6
Q

What does GNI stand for

A

Gross national income

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7
Q

Both GDP and GNP PLUS income from citizens investments abroad

A

GNI

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8
Q

What’s wrong with GDP, GNP, GNI?

A
  • per capita
  • implies even distribution of wealth
  • doesn’t include informal economy
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9
Q

What’s the informal economy

A

Cooking, laundry, services w value that the govt doesn’t monitor or regulate

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10
Q

3 factors of the Human development index

A
  1. GNI
  2. Education (avg years of expected schooling over expected years of schooling
  3. Infant mortality/ life expectancy
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11
Q

UN disaggregated HDI by:

A
Gender
Race
Age
Region
Income/wealth
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12
Q

Rostow’s model of modernization aka ____________

A

Ladder of development

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13
Q

What are the 5 parts of rostows model

A

Traditional- substinence farming

Preconditions for take off- progressive leadership(open to change, flexible not corrupt)

Take off- industrialization occurs

Drive to maturity- specialization which leads to international trade

High mass consumption- hmc and core processing

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14
Q

Wallersteins world systems theory

A
  1. World economy has one capitalist market and global division of labor
  2. All states must participate in the global market
  3. Market divided in 3 tiers- core periphery and semi periphery
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15
Q

Barriers to development

A
  1. Political instability
  2. Diseases
  3. Foreign debt
  4. Low levels of economic welfare
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16
Q

Industrial costs of development

A

Urbanization

Export processing costs

17
Q

Agricultural costs of development

A

Desertification
S saharan africa
Deforestation
Social cosrs- LDCs

18
Q

Tourism costs of development

A

LDC Jobs
Cultural appropriation
Tax dollars go to infrastructure for resorts

19
Q

Islands of development

A

Either corporate created or government created

20
Q

Examples of corporate created islands of development

A

Walmart
Microsoft
Mayo clinic

21
Q

Government created islands of development

A

Creating a new capital city(brazilia)

Southern states- lower taxes, lower wages, fewer regulations

22
Q

4 factors that influence industrial location

A
  1. Site - terrain climate resources
  2. Situation- accessibility
  3. Variable costs- energy labor transportation
  4. Friction of distance- distance decay model
23
Q

Alfred Weber’s least cost theory of industrial location

A
  1. Transportation
  2. Labor costs
  3. Agglomeration
24
Q

5 major means of transportation

A
Ships(cheapest)
Planes(most expensive)
Trains
Trucks(most used)
Pipelines
25
What is agglomeration
When industries that need similar resources in the commodity chain locate near the supplies of that element
26
Harold hotelling locational interdependence
Similar business will closer together to constrain competitors market distance doesn't matter jn customer choice- product preferences does
27
Christallers central place theory
Location of varying city sizes
28
Threshold
Number of customers needee to support your industry
29
Range
Distance customers will travel for your product
30
Fordist production
Assembly line Mass production Where a product is assembled from start to finish in one location
31
Post fordist production
Defined by production in multiple locations with a global division of labor
32
What makes post fordist production possible
1. Time space compression 2. Global trade agreements 3. Govt actions 4. Energy costs
33
Industrial regions pre 1950
``` S britain Benelux Belgium Netherlands Germany Poland E ukraine Rustbelt(boston to Baltimore Minneapolis and st louis) ```