IGCSE Theme 3 Economic Development Definitions Flashcards
Define the term GNP per capita
The total value of all the goods and services produced by a country in a year including income from foreign investments
Define the term HDI
Human Development Index. A summary measure of life expectancy at birth, mean years of schooling and expected years of school and gross national income per capita
Define the term literacy rate
The percentage of a population that can read and write
Define the term life expectancy
The number of years that a person can expect to live, on average, in a given population
Define the term primary sector
Involves the production or extraction of raw materials - this includes forestry, farming, fishing and mining
Define the term secondary sector
The manufacturing of goods. For example, producing cars in a car factory or making clothes in the textile industry.
Define the term tertiary sector
Involves providing services to people, for example a cleaner, teacher or a doctor
Define the term quaternary sector
Focuses on knowledge-based industries or high-tech industries such as ICT (information and communication technologies) and research and development
Define the term globalisation
The process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange
Define the term commercial agriculture
Farming to make a profit
Define the term subsistence agriculture
Farming for consumption, not for sale
Define the term arable agriculture
The growing of crops only
Define the term pastoral agriculture
The rearing of animals only for eggs, milk, wool etc
Define the term mixed agriculture
Both animals and plants are reared and grown respectively
Define the term intensive agriculture
A system of farming using large amounts of labour and capital relative to the land area