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Unit 6 Notecards
| Term | Definition |
|---|---|
| Agricultural labor force | number of people who work in agriculture, a large value indicates that country is an LDC dependent on agriculture. |
| Calorie consumption | the percentage of daily requirements, is a factor of index of developement. |
| Core-periphery model | describes the patterns of distrubtion of MDCs, and LDCs. |
| Cultural Convergence | change in culture, by diffusion of ideas and technology increases. |
| Dependency theory | LDCs may have a higher dependency ratio, 15 people under or over 64 people is the number in the labor force. |
| Development | improvement of material conditions and result of improvemnst on technology and knowledge. |
| Energy consumption | index of development. MDCs consume more energgy per capita than LDCs generally. |
| Foreign direct investment | investments in economics of LDCs by TNCs based in MDcs. |
| Gender | a signifacant developmental factor, and a big difference between development od genders is in LDCs. |
| Gross domestic product | the total value of goods and services produced annually in a country. |
| Gross national product | this includes the income of people that earn it abroad, similar to GDP. |
| Human Development Index | aan index of developement, which includes economic, social, and demographic factors, literacy rates, and life expectancy. |
| Levels of development | countries are either MDCs, more developed countries or LDCs, less-developed countries. |
| Measures of development | this identifies LDcs or MDCs. this includes the literacy rates, life expectancy, and calorie intake. |
| Neocolonialism | this refers to economic control that MDcs have on LDcs, through organizations of IMF. |
| Physical Quality of Life | is a development index, including literacy rates,immorality rates and life expectancy. |
| Purchasing power parity | This takes in the account price difference of countries,related to the GDP |
| W.W. Rostow | Developed the "Stages of Growth model |
| Technology gap | Difference in technologies in developing two companies,countries or ethnic groups. |
| Technology transfer | Process of knowledge and facilities developed under federal research is brought and used in public. |
| Third World | Developing world with their own political status. |
| World Systems Theory | Explains dynamics of the "capitalist world economy" as a "total social system" |
| Bid rent theory | Shows how price and demand when land changes and distances toward the CbD increases. |
| Assembly line production/Fordism | Continuous flow of work with arrangement of machines and equipment. |
| Air pollution | Trace substances are higher levels than average air. |
| Agglomeration economies | Special clustering due to benefits and spacing of activities. |
| Acid rain | Droplets of nitric acid and sulfuric acid in the atmosphere that returns to earths surface. |
| Stages of Growth” Model | Theory of development when counties go through patterns of change. |
| Aluminum industry | U.S companies with over 39.1 billion dollars and largest single producers with facilities in over 35 states. |