Unit 6 - Industry and Development Vocab Flashcards
The number of births per 1,000
women ages 15 to 19
Adolescent Fertility Rate
A process of improvement in the conditions of people through diffusion of knowledge and technology
Development
An alternative to international trade that provides greater equity to workers, small businesses, and consumers, focusing primarily on products exported from developing countries to developed countries.
Fair Trade
An indicator constructed by the U.N. to measure the gender gap in the level of achievement in terms of income, education and life expectancy
Gender-related Development Index
An indicator constructed by the U.N. to measure the extent of each country’s gender inequality in terms of reproductive health, empowerment, and the labor
market.
Gender Inequality Index
The value of the output of goods and services produced in a country in a year, including money that leaves and enters the country.
Gross National Income
Investment made by a foreign
company in the economy of another country.
Foreign Direct Investment
An indicator constructed by the U.N. to measure the level of development for a country through a combination
of income, education and life
expectancy.
Human Development Index
The amount of money needed in one country to purchase the same goods and services in another country
Purchasing power parity
A modification of the HDI to account for inequality.
Inequality-adjusted Human
Development Index
% of a country’s people
who can read and write
Literacy Rate
The number of women who die
giving birth per 100,000 births
Maternal Mortality Rate
Provision of small loans and financial services to individuals and small business in developing countries.
Microfinance
8 goals adopted by the U.N. in
2002 to reduce disparities between developed and developing countries
by 2015.
Millennium Development Goals
The portion of the economy
concerned with the direct extraction of materials from Earth, generally through agriculture
Primary sector
The portion of the economy
concerned the manufacturing useful products the processing,
transforming, and assembling raw materials.
Secondary sector
Economic policies imposed on less developed countries by international agencies to create conditions that encourage international trade
Structural adjustment program
17 goals adopted by the U.N.
in 2015 to reduce disparities between developed and developing countries.
Sustainable Development Goals
The portion of the economy
concerned with transportation,
communication, and utilities,
sometimes extended to the provision of all goods and services to people in exchange for payment.
Tertiary sector
The gross value of a product minus the costs of raw materials and energy.
Value added
