Development Definitions

Question 1

Economic development

Answer 1

the progress made by a country as it develops its economy

Question 2

Social development

Answer 2

the progress made by a country as it develops its social aspect

Question 3

Gross Domestic Product(GDP)

Answer 3

the total value of goods and services produced by a country in a year

Question 4

Gross National Income(GNI)

Answer 4

the total income of a country, including earnings from abroad(also known as Gross National Product(GNP))

Question 5

GNI per capita(per person)

Answer 5

the country’s GNI divided by its population

Question 6

Life expectancy

Answer 6

the average age to which a person lives in an area

Question 7

Infant mortality rate

Answer 7

the number of babies, per 1000 live births, who die under the age of one

Question 8

Literacy rate

Answer 8

the percentage of adults who can read and write

Question 9

Core area

Answer 9

a highly developed urban region to which people are attracted and which receives the most investment

Question 10

Periphery

Answer 10

the rural surrounds of a region that people may wish to migrate from towards the core region because of low investments and low prospects

Question 11

Transmigration

Answer 11

the relocation of a large number of people as a result of a government plan

Question 12

Primary sector

Answer 12

the part of a country’s economy that grows or extracts raw materials

Question 13

Secondary sector

Answer 13

the part of a country’s economy that is concerned with the manufacturing and processing of goods

Question 14

Tertiary sector

Answer 14

the part of a country’s economy that provides services

Question 15

Quaternary sector

Answer 15

the part of a country’s economy that provides information services

Question 16

Newly Industrialising Countries(NIC)

Answer 16

countries with developing economies that have advanced towards industrialization and might become developed in the near future

Question 17

Free trade

Answer 17

the movement of goods and services within a country or trade group which does not require the payment of custom duties

Question 17

Globalisation

Answer 17

the expansion of a company from its original country to a position where it has branches in many countries

Question 18

Human Development Index(HDI)

Answer 18

a measure of a country’s achievements in three aspects of human development; health, knowledge and standard of living

Question 19

Transnational Corporations(TNCs)

Answer 19

enterprises which are involved with the international production of goods and services, and have management in more than one country

Question 20

Outsourcing

Answer 20

the act of getting alternative goods and services from other cheaper locations rather than locally