Flashcards
Disparities in Wealth and Development
Cards in this deck (12)
- 1Gender-Related Development Index (GDI)Measures achievements in the same dimensions as the HDI, but examines inequalities between men and women
- 2Gender Empowerment Measure (GEM)Measures whether a woman can take an active part in economic and political life.
- 3Education IndexBased on adult literacy rates, and the combined enrollment for primary, secondary, and tertiary schools.
- 4Cumulative Causation TheoryStates that pre-industrial society has little regional differences, but rapid economic growth causes economic divergence. Trickle-down from core to periphery is a result.
- 5Modernization TheoryStates that there are 5 stages to development:
1. Traditional Society
2. Pre-conditions of take-off
3. Take-off
4. Drive to Maturity
5. Age of high mass consumption - 6Gross National Income (GNI)The total value of goods and services produced within a country, together with the balance of income and payments from or to other countries.
- 7Asian TigersFour economies that were the first NICs and are associated with high growth rates and industrialization from 1960-1970:
Hong Kong, Singapore, South Korea, Taiwan - 8Trading BlocsAn arrangement among a group of nations to allow free trade between member countries but to impose tariffs on other countries wishing to trade with them. (i.e. the EU)
- 9Fair/Ethical TradeTrade that attempts to be socially, economically, and environmentally responsible. Companies take responsibility for the wider impact of their business.
- 10Export Processing Zone (EPZ)Labor-intensive manufacturing centers that involve the import of raw materials and the export of factory products.
- 11Free Trade ZonesZones in which manufacturing does not have to take place in order to gain trading privileges; such zones have become characterized by retailing.
- 12Purchasing Power Parity (PPP)The measure of average earnings in relation to local prices.
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- Geography SL Flashcards on Disparities in Wealth and Development, created by Patricia Rothen on 12/04/2013.
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- Patricia Rothen
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