People Of The Planet Glossary Flashcards
Advanced country (AC)
countries that share a number of important economic development characteristics including well-developed financial markets, high degrees of financial intermediation and diversified economic structures with rapidly growing service sectors; ACs are classified by the IMF
Aid
a transfer of resources from one country to another, typically from a more economically developed country to a less economically developed country
Conurbation
a large urban agglomeration that results from several cities merging over time, forming a continuous urban area
Development
the state of growth or advancement whereby people and places improve over time
Emerging and developing country (EDC)
countries which neither share all the economic development characteristics required to be advanced or are eligible for the Poverty Reduction and Growth Trust; EDCs are classified by the IMF
Function
a role performed by something; in the case of a city, this may be administrative or related to a sphere of activity
Globalisation
the process whereby places become interconnected by trade and culture
Gross domestic product (GDP)
the total value of the goods and services produced in a country
Human Development Index (HDI)
A scale that measures development and gives a score from 0 to 1, with 1 being the highest
Industrialisation
the process whereby factories, industry and manufacturing increase and dominate
Informal sector
refers to jobs that don’t offer regular contracted hours, salary, pensions or other features of more formal employment; may refer to illegal or unlicensed activity
Infrastructure
the basic structures and facilities needed for a society to function, such as buildings, roads and power supplies
Internal growth
growth within a city that results from births among the resident population rather than people moving into the city
Low-income developing country (LIDC)
countries that are eligible for the Poverty Reduction and Growth Trust from the IMF; LIDCs are classified by the IMF
Megacity
usually defined as a city that has a population of over 10 million, although the exact number varies