Development definitions Flashcards
Social
Relating to people and how human society is organized
Economic
Is relating to businesses or money
Environmental
Is relating to a person’s natural surroundings
Subsistence Farming
Farming that is done to provide food for family; any surplus can be sold
Literacy
The ability to read and write
Life expectancy
How long people can expect to live
Exploiting
Taking selfish or unfair advantage of a situation, usually for financial gain
Welfare
Financial or other aid provided to people in need
Imbalanced
Unevenness or inequality between 2 things
Vicious cycle
A process that returns to its starting point with no improvement
Trade surplus
When the value of country’s exports is higher than its imports
Trade deficit
When the value of a country’s imports is higher than its exports
Stable
Secure, Reliable
Democracy
The right of every person to take part in the system of government
Investor
Somebody who puts money into an asset with the intention of making a profit
Equitable
Characterized by Justice and fairness to those involved
Transparency
Clear, open, easy to understand
Sustainable
Able to be maintained for future generations without destroying the environment
Marginalized
Kept away from the center of attention, influence of power
Benefication
Is changing a primary material into a more finished product that has a higher export sales value
Smelting
To smelt ore to produce metal
Spa
A resort with mineral Springs
Hot Springs
Is water heated by geothermal energy
Destination
The place to which someone is going or being sent
Compromise
Is endangering or lessening
