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Chap. 10 Quiz 2
| Question | Answer |
|---|---|
| neocolonialism | a process of acculturation or cultural imperialism where forms of industrial, political and economic organization are imposed on other cultures under the guise of getting aid/progressing |
| neoliberalism | a strategy for economic development that calls for free markets, trade, and minimal gov. intervention in the economy |
| Newly-Industrialized Country (NIC) | a subgroup of developing countries that have experienced rapid industrialization of their economy ex: Taiwan, India, Mexico |
| Nongovernmental Organizations (NGOs) | international organizations that operate outside the formal political arena but still influence social/environmental/economic issues |
| North American Free Trade Agreement (NAFTA) | agreement signed by the North American nations in 1992 to form the largest free trade zone in the world |
| per capita GNI | the Gross National Product of a given country divided by its population |
| Physical Quality of Life Index (PQLI) | an indicator of development composed from life expectancy, literacy rate, and infant mortality |
| primary activity | economic activity concerned with the direct extraction of natural resources from the environment ex: mining, agriculture, fishing |
| Purchasing Power Parity (PPP) | measurement of what the same amount of money buys in different countries |
| quaternary activity | service sector industries concerned with the collection, processing, and manipulation of information ex: finance, admin, insurance |
| Rate of Natural Increase (RNI) | the annual rate of population growth |
| special economic zones | an area in which the business and trade laws are different from the rest of the country to attract foreign business and investment |
| structural adjustment loans | loans granted by international financial institutions to countries in the periphery and the semi periphery in exchange for certain economic and governmental reforms in that country ex: opening the country to foreign trade |
| structuralist theory | a model of economic development that cheats economic disparities among countries as a result of historically derived power relations within the global economic system |
| tertiary activity | economic activity associated with the provision of services ex: transportation, banking, retailing, education, and office based jobs |
| three-tier structure | the division of the world into the core, periphery, and semi periphery |
| trafficking | when a family sends a child or an adult to a labor recruiter and hopes they will send money back |
| vectored diseases | a disease carried from one host to another by an intermediate host |
Created by:
a.bby
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