India & Global Development : Key Words Flashcards

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1
Q

Define : geopolitics

A

Politics and international relations, influenced by geographical factors

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2
Q

Define : peninsula

A

Surrounded by bodies of water on three sides (like India)

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3
Q

Define : primary sector

A

Getting raw materials from the land e.g., farming, forestry.

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4
Q

Define : secondary sector

A

Making products out of raw materials e.g., food processing, car manufacturing.

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5
Q

Define : tertiary sector

A

Providing a service e.g., doctors, teachers.

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6
Q

Define : quaternary sector

A

ICT and research e.g., computer software designers, research scientists.

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7
Q

Define : disposable income

A

Income remaining after taxes, rent, etc. have been paid

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8
Q

Define : landscape degradation

A

Human-involved processes acting upon the land negatively effect its environment

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9
Q

Define : public sector

A

Revolve around the government, control management and ownership (e.g., NHS)

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10
Q

Define : private sector

A

Revolve around individuals and groups motivated by profit

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11
Q

Define : privatisation

A

Transference of a company or industry to the private sector, from the public sector

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12
Q

Define : barriers to trade

A

Government constraints on the flow of international goods and services

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13
Q

Define : TNC’s

A

A company that operates on a global scale with HQ in developed country and other parts elsewhere

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14
Q

Define : FDI

A

foreign direct investment : an investment from one country and organisation, directly to another

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15
Q

Define : multiplier effect

A

Not only improves employee lives, but has a knock-on effect, e.g., money being spent on local businesses

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16
Q

Define : economic leakage

A

Profits that are made in one country are lost in another, often richer, country