S6(4) Topic 02 - Development and Globalisation Flashcards
Development
the process in which someone or something grows or changes and becomes more advanced
Economic growth
increase in the size of a country’s economy over a period of time (GDP)
Social progress
the capacity of a society to meet the basic human needs of its citizens, establish the building blocks that allow citizens and communities to enhance and sustain the quality of their lives, and create the conditions for all individuals to reach their full potential.
Quality of life
an individual’s perception of their position in life in the context of the culture and value systems in which they live and in relation to their goals, expectations, standards and concerns”.
Sustainability
ability to maintain or support a process over time.
Poverty
The state of being extremely poor, the state of being inferior in quality or insufficient in amount
North-south divide
The difference in wealth between the rich countries of the world in the North and the poor countries in the South.
Developing countries
A poor agricultural country that is seeking to become more advanced economically and socially
What does LEDC stand for
Less economically developed country
MEDC
More Economically Developed Country
LLEDC/LDC
Least Less Econmically Developed Country/Least Developed Countries
NIC
Newly Industrialized Countries
RIC
Recently Industrialied Countries
OPEC
Organization of the Petroleum Exporting Countries
Fourth world
The most underdeveloped populations in a country that lives on their own (indigenous peoples)
Quantitative
When there is much of a certain thing (aimed for more of a good)
Qualitative
When a certain thing has good qualities (aimend for good quality)
Life expectancy
How long people are expected to live
Average years of school
average length of school in a country
Literacy rate
How many people can read an write
GNP
Gross National Product is the total economic output by a country`s residents
HDI
Human Development Index is an index that shows three things of development (health, education and standard of living)
Gross National Happiness
GNH is different to HDI. Both are an Index (a combination of indicators that try to represent a country in a number of perspectives)
Describe
exam command word which asks you to say how something appears using data.