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cheyenne holbrook U6
Unit 6 vocabulary cards
|Agricultural labor force
|is the number of people who work in agriculture.
|as a percentage of daily requirement is an important index of development.
|The Core-periphery model
|describes the pattern of distribution of the MDCs and LDCs.
|is the change in culture that occurs as diffusion of ideas and technology increases.
|states that LDCs tend to have a higher dependency ratio, the ratio of the number of people under 15 or over 64 to the number in the labor force.
|is the improvement in material conditions of a place as a result of diffusion of technology and knowledge.
|is an index of development. MDCs tend to consume much more energy per capita than do LDCs.
|Foreign direct investment
|is investment in the economies of LDCs by transnational corporations based in MDCs.
|is an important developmental factor. A great difference in development between the genders is found primarily in LDCs, especially in the Middle East. Differences exist primarily in income and in literacy rate.
|Gross domestic product
|is the total value of goods and services produced in a year in a given country.
|Gross national product
|is similar to GDP except that includes income that people earn abroad.
|Human Development Index
|is an aggregate index of development, which takes into account economic, social and demographic factors, using GDP, literacy and education, and life expectancy.
|Levels of development
|that countries are classified into include MDCs (more developed countries) and LDCs (less developed
|Measures of development
|are used to distinguish LDCs from MDCs. They include GDP, literacy rate, life expectancy, caloric intake, etc.
|refers to the economic control that MDCs are sometimes believed to have over LDCs.
|Physical Quality of Life
|index is another development index. It is based on literacy rate, infant mortality rate, and life expectancy at age one.
|Purchasing power parity
|is an index of income related to GDP
|developed the “Stages of Growth” model of economic development.
|The difference in technologies used and/or developed in two companies, countries, ethnic groups, etc., where one is more advanced than the other
|- process by which existing knowledge, facilities, or capabilities developed under federal research and development funding are utilized to fulfill public and private.
|countries in the developing world independent of their political status (developing countries)
|World Systems Theory
|refers to perspective that seeks to explain the dynamics of the “capitalist world economy” as a “total social system”
|Bid rent theory
|- refers to how the price and demand on land changes as the distance towards the CBD increases
|Assembly line production/Fordism
|industrial arrangement of machines, equipment, and workers for continuous flow of work pieces in mass production operations, each movement of material is made as simple and short as possible
|concentration of trace substances at a greater level than occurs in average air, human causes include mainly motor vehicles, industry, and power plants
|- refers to benefits or advantages (savings, cost reductions, etc.) resulting from the spatial clustering of activities and/or people
|tiny droplets of sulfuric acid and nitric acid in the atmosphere that dissolve in water and return to Earth’s surface
|“Stages of Growth” Model
|linear theory of development that developed countries go through a common pattern of structural change
|Rostow, W. W.
|economist, developed the “Stages of Growth” model in the late 1950s
|U.S. companies are the largest single producer with plants in 35 states producing about $39.1 billion in products and exports.