Flashcards
Bridging the development gap- flashcards
Cards in this deck (28)
- 1DevelopmentThe process of growing or changing or becoming more advanced
- 2Development gapThe difference in income and the quality of life between a rich country and a poor country
- 3GDP at Purchasing Power ParityThe GDP of a country converted into US dollars on the basis of how the value of currency compares with that of another countries
- 4GDIMeasurement of the overall achievement of both men and women in three dimensions of the human development index : life expectancy, educational attainment
- 5GEMfocuses on three variables which reflect women's participation in political decision-making, access to professional opportunities, and earning power respectively
- 6Modernisation theoryA deterministic approach based on the economic history of a number of developed countries. Distinct economic and social change are required for a country to move from one stage to another
- 7Dependency theoryBlames the relative underdevelopment of the developing world on exploitation by the developed world, first through colonialism and then by various elements of neocolonialism
- 8World systems theoryBased on the history of the capatalist world economy. Countries fall into three economic levels, and can move from one level to another if their contribution to the world economy changes
- 9Free tradeHypothetical situation where producers have free and unhindered access to markets everywhere
- 10Transnational CorporationA firm which has the power to coordinate and control operations in more than one country, even if it does not own them
- 11Foreign direct investmentOverseas investments in physical capital by transnational corporations
- 12Mega citiesa city with a population of 10 million or more
- 13Externalitiesthe impacts of an economic activity on people and the environment
- 14Appropriate technologyaid supplied by a donor country whereby the level of technology and the skills required to service it are properly suited to the conditions of the receiving country
- 15Non-governmental organisationsnational or international private organisations, which are distinct from governmental or intergovernmental agencies
- 16NICscountries that have undergone rapid and successful industrialisation since 1960s
- 17The terms of tradethe price of a countries exports relative to the price of its imports, and the changes that take place over time
- 18trade deficitwhen the value of a country's exports is less than the value of its imports
- 19LEDCs/LDCsthe poorest and weakest economies in the developing world
- 20Sluma heavily populated urban area characterised by substandard housing and squalor
- 21Indigenous populationpeople descending from the original ethnic groups to populate a country. Other ethnic groups may migrate later and dominate
- 22Privatisationthe sale of state owned assets to the private sector
- 23industrial revolutionThe transformation of a country, dominated by primary sector into an industrial nation with a wide manufacturing base
- 24Resource nationalisationwhen a country decides to take part or all of one or a number of natural resources under state ownership
- 25International Aidthe giving of resource by one country or organisation to another poorer country. With the objective to improve the quality of life there
- 26Fair tradeproducers of food and some non-food products in developing worlds receive a fair deal when they are selling their products
- 27Micro-credittiny loans and financial services to help the poor, mostly women to start businesses and escape poverty
- 28Social businessesforms of business that seek to profit from investments that generate social improvements and serve a broader human development purpose
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- A level Geography (Bridging the development gap) Flashcards on Bridging the development gap- flashcards, created by Maria Philpott on 06/12/2016.
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