Origin Of Disparities Flashcards

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1
Q

Cumulative causation

A

The process whereby a significant increase in economic growth can lead to even more growth as more money circulates in the economy.

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2
Q

Economic core region

A

The most highly developed region in a country with advanced systems of infrastructure and high levels of investment resulting in high average income.

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3
Q

Periphery

A

The parts of a country outside the economic core region. The level of economic development in the periphery is significantly below that of the core.

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4
Q

Slum

A

A heavily populated urban area characterised by substandard housing and squalor.

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5
Q

Urbanisation of poverty

A

The gradual shift of global poverty from rural to urban areas with increasing urbanisation.

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6
Q

Indigenous population

A

People descending from the original ethic groups to populate a country. Other ethnic groups migrating to that country at a later period of time may come to dominate the indigenous population in various ways.

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7
Q

Privatisation

A

The sale of state-owned assets to the private sector.

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8
Q

Gini coefficient

A

A statistical technique used to show the extent of income inequality in a country. With values between 0 and 1, a Los value indicates a more equal income distribution while a high value means more unequal income distribution.

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