lesson 2 Flashcards
industrialized countries within the american sphere of influence or the first world also known as the west
first world
where the political and economic power should come from the up to now oppressed peasant and workers, eastern black of the economy socialist state
second world
world population countries that did not belong to either black were considered?
third world
known nation or cultural entities of indigenous people first nations living within or across national state boundaries
fourth world
to develop capitalist industrial countries generally aligned with nato and the usa
first world
refers to the farmer commonly socialist less industrialized state known as the eastern bloc
second world
many underdevelop agricultural state and nations of africa asia and latin america
third world
value of all goods and services produced by a country in single year
gross domestic product or gdp
adjust the exchange rate between countries to ensure that a good is purchased for the same price in the same currency
purchasing power parity or ppp
measures achievement in the same basic capabilities as the hdi does
gender related development index or gdi
it values progress in advancing women standing in political and economic forums it measures of agency
gender empower measure or gem
common way of calculating country’s level of development it shows the average wealth of citizens of a country
gross national income or gni
this countries have more resources extended market and they have lesser dependence on foreign resources and materials
large and high countries