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Development
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| Development | Definition |
|---|---|
| AGRICULTURAL LABOR FORCE | is the practice of cultivating, processing and distributing food in, or around (peri-urban), a village, town or city. |
| CALORIE CONSUMPTION | Refers to the number of calories (energy content) consume |
| CORE-PERIPHERY | Core countries have high levels of development, a capacity at innovation and a convergence of trade flows. Periphery countries usually have less development and are poorer countries. |
| CULTURAL CONVERGENCE | is the change in culture that occurs as diffusion of ideas and technology increases |
| DEPENDENCY THEORY | Dependency theory is a body of social science theories, both from developed and developing nations, which are predicated on the notion that resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, enriching the la |
| DEVELOPMENT | It is the way that countrys progress as time goes by. |
| ENGERY CONSUMPTION | is an index of development for the consumption of energy within a country |
| FOREIGN DIRECT INVESTMENT | Foreign direct investment (FDI) is defined as "investment made to acquire lasting interest in enterprises operating outside of the economy of the investor. |
| GENDER | refers to the differences between men and women |
| GROSS DOMESTIC PRODUCT (GDP) | GDP, of a country is one of the ways of measuring the size of its economy. GDP is defined as the total market value of all final goods and services produced within a given country in a given period of time (usually a calendar year). |
| GROSS NATIONAL PRODUCT (GNP) | Total output of the U.S. economy |
| HUMAN DEVELOPMENT INDEX | The Human Development Index (HDI) is the normalized measure of life expectancy, literacy, education, standard of living, and GDP per capita for countries worldwide. |
| LEVELS OF DEVELOPMENT | that countries are classified into include MDCs (more developed countries) and LDCs (less developed countries) |
| MEASURES OF DEVELOPMENT | used to distinguish LDCs from MDCs. They include GDP, literacy rate, life expectancy, caloric intake, etc. |
| NEOCOLONIALISM | Neocolonialism is a term used by late 20th century critics of developed countries' involvement in the developing world. |
| PHYSICAL QUALITY OF LIFE INDEX | The physical quality-of-life index (PQLI) is an attempt to measure the quality of life or well-being of a country. The value is a single number derived from basic literacy rate, infant mortality, and life expectancy at age one. |
| PURCHASING POWER PARITY | The purchasing power parity (PPP) theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1920, based on the law of one price: the theory that, in an ideally efficient price. |
| ROSTOW, W.W. | American economist and political theorist who served as Special Assistant for National Security Affairs to U.S. President Lyndon B. Johnson. |
| "STAGES OF GROWTH" MODEL | Stages of growth model which describes the evolution of information technology in organisations. It identifies six stages that an organisation could pass through. |
| TECHNOLOGY GAP | The technology gap exists between those who can create and innovate to produce new technologies and those who cannot. |