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Ch9 Rubenstein Vocab Word Scramble

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Ch.18 LTI-MA 509

Question	Answer
Development	The process of improving the material conditions of people through diffusion of knowledge and technology.
MDC	More developed country
LDC	Less developed country
Developing Country	A country that has made progress and expects to continue
HDI	Human Development Index was created by the UN, recognizes that a country's level of development is a function of economic, social, and demographic factors.
GDP	Gross domestic product is the value of the total output of goods and services produced in a country, normally during a year.
Primary sector	Workers who extract materials from the earth
Secondary Sector	Manufacturers that process, transform and assemble raw materials into useful products.
Tertiary Sector	Involves the provision of goods and services to people in exchange for payment.
Productivity	The value of a particular product compared to the amount of labor needed to make it.
Value added	In manufacturing this means the gross value of the product, minus the cost of raw materials and energy.
Literacy Rate	The percentage of a countries people who can read and write.
Structural Adjustment Programs	Economic policies that create conditions encouraging international trade, such as raising taxes, reducing government spending, controlling inflation, selling publicly owned utilities to private corporations, and charging citizens more for services.
GDI	Gender-Related Development Index compares the level of development of women with that of both sexes
GEM	Gender Empowerment Measure compares the ability of women and men to participate in economic and political decision making.