Key Words Flashcards
development
> improving people’s lives
means different things for different people
economic, social and political development
birth rate
number of live births per 1000 people per year
death rate
number of deaths per 1000 people per year
life expectancy
average number of years a person can expect to live
fertility rate
average number of births per woman
maternal mortality
number of mothers per 100,000 who die in childbirth
infant mortality
number of children per 1000 live births who die before their first birthday
adult literacy
the percentage of the population, aged over 15, who can read and write
GDP (Gross Domestic Product)
the total value of goods and services produced by a country in a year (in US$)
GDP per capita
dividing GDP by the population
PPP (Purchasing Power Parity)
GDP is now measured in PPP which shows what it will buy in each country
HDI (Human Development Index)
measure country’s life expectancy, health care (social) and GDP per capita (economical)
globalisation
describes the growth and spread of companies, ideas and culture across the world
TNC (Trans-National Companies)
firms which produce goods and/or services in more than two countries, they grow as part of the process of globalisation
connectedness
expansion of travel, networks and communication technologies that easily connect manufacturers with overseas buyers