Flashcards
Definitions
Cards in this deck (24)
- 1Primary means?mining, extracting of raw materials
- 2Secondary means?manufacturing - process of making it
- 3Tertiary means?Serves, distribution
- 4Quaternary means?high technology (software, bio sciences, space exploration), new research - technical.
- 5Core poor means?People who are income poor, materially deprived
- 6Breadline poor means?people living below a relative poverty line
- 7Asset wealthy means?this is estimated using the relationship between housing wealth and the contemporary inheritance tax threshold.
- 8Exclusive wealthy means?people with so much wealth they can exclude themselves from the norms of society.
- 9Average households means?They are neither poor nor wealthy.
- 10GM CROPS?helps develop higher yielding crops (which cause more income)
- 11Leapfrogging means?skipping a technology (land lines skipped in Africa - straight to mobile phones)
- 12Monopoly means?the exclusive possession or control of the supply or trade in a commodity or service.
- 13What is globalisation?A process whereby national boundaries are broken down, particularly through economic activity.
- 14What is a Supra-governmental organisation?organisations involving the participation of many national governments e.g. the United nations, European Union
- 15What is Bi-lateral aid?Assistance given by one country directly to another.
- 16What is Emergency aid?Short term, usually following a natural disaster, keeps people alive
- 17what is Multinational aid?Assistance given by large organisations such as the World Bank and UN, many countries have provided the funds.
- 18What is Programme aid?large scale, infrastructure.
- 19What is Project aid?Aid given for a particular scheme, such as a small scale irrigation project.
- 20What is Protectionism?Allows trade to carry on without competition, includes high import tariffs for goods produced outside a country making it cheaper to buy domestically produced goods.
- 21What is Tied aid?Official grants or loans where the services involved is limited to the donor country.
- 22What is TNC?Transnational company - organisation having operations in a large number of countries. Generally research and development is concentrated in growth areas of developed countries whereas assembly and production is located in developing countries.
- 23What is untied aid?Official development assistance where the associated goods and services may be fully and freely available.
- 24What is Trade deficit?When your imports are higher than your exports.
Information
- Description
- A2 World development Flashcards on Definitions, created by stephaniemsc on 04/01/2014.
- Created by
- stephaniemsc
- Views
- 21
- Tags
- Rating