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Ch 9 Development
| Term | Definition |
|---|---|
| Active Solar Energy Systems | collect energy through use of mechanical devices- photovoltaic cells or flat-plate collectors (solar panels) |
| Adolescent Fertility Rate | # of births per 1,000 women in ages 15-19 |
| Biomass Fuel | fuel from plant material or animal waste (timber/lumber, cow dung) |
| Breeder reactor | nuclear power plant that creates its own fuel from plutonium (breeders create) |
| demand | quantity of something that consumers are willing and able to buy |
| Development | process of improvement in the material conditions of people through diffusion of knowledge and technology |
| Fair trade (1) | alternative to international trade that emphasizes small business and worker-owned and democratically run cooperatives |
| Fair trade (2) | policy that requires employers to pay workers fair wages, allow union organization, comply with minimum environmental and safety standards |
| Fission | splitting of an atomic nucleus to release energy (think about when you release pressure by opening a bottle and it "fizzes" |
| Fusion | Creation of energy by joining the nuclei of 2 hydrogen atoms to form helium (fusing them together) |
| FDI (what it stands for) | Foreign Direct Investment |
| FDI (what it is) | Investment made by a foreign company in the economy of another country |
| Fracking (Hydraulic fracturing) | pumping of water at high pressure to break rocks and release natural gas |
| Geothermal energy | energy from steam or hot water from hot or molten underground rocks |
| Housing Bubble | rapid increase in value of houses followed by sharp decline in value |
| IHDI | Inequality-adjusted HDI- accounts for the inequality in a country |
| HDI | based on income, literacy, education and life expectancy |
| Microfinance | small loans and services to individuals in small businesses in developing countries |
| non-renewable energy | source with a finite supply and can be exhausted (petroleum) |
| Passive solar energy systems | collect energy without use of mechanical devices |
| photovoltaic cell | solar energy cell, made of silicon, collecting solar rays for electricity |
| potential reserve | amount of resource in deposits not yet identified, but THOUGHT to exist (usually under frozen land) |
| Primary Sector | raw materials extracted: mining, farming, fishing |
| Secondary Sector | part of economy focused on manufacturing- making useful products from raw materials |
| Tertiary Sector | part of economy concerned with Transportation, Communications, Utilities- services given in return for payment |
| proven reserve | amount of resources remaining in DISCOVERED deposits |
| Radioactive waste | material from nuclear reaction omitting radiation- may be harmful or lethal- must be carefully stored for thousands of years |
| renewable energy | resource thought to be an unlimited supply and is not depleted when used by humans |
| uneven development | Development of core regions at the expense of those on the periphery |
| Value Added | gross value of a product MINUS the costs of raw materials and energy/labor |
| HDI (What it stands for) | Human Development Index |
| Quaternary sector | wholesaling, finance, banking, real estate, advertising, marketing; BUSINESS SERVICES |
| Quinary sector | retailing, tourism, entertainments, communication, government, semi-public services: health care, education, utilities: CONSUMER SERVICES |
| Commodity chains | links between producers and consumers Think about steps tea takes to get to your mug and how it passes through all the sectors in a different way. |
| alternative energy (1) | hydroelectricity (Cheapest), solar, wind, nuclear, tidal, geothermal power- currently more expensive to harness power than fossil fuels so less common. |
| alternative energy (2) | alternative to coal and oil |
| France's energy reliance | nuclear power |
| Spain's energy areas | constant, steady wind to power wind energy parks |
| California alt energy sources | Ivanpah Solar Electric Generating System - currently the largest solar installation in the world- its effectiveness is up for debate. (Yes, and you see it as you drive to Vegas. It is in San Bernardino, Mojave Desert) |