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Chap. 10 Quiz 2

QuestionAnswer
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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