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AP HUG Chapter 10
STUDY
Question | Answer |
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Adolescent Fertility Rate | The number of births per 1,000 women aged 15 to 19 |
Cooperative Store | a member owned, member governed business that operates for the benefit of its members according to a common principles agreed upon by the international cooperative community. |
Developed Country (more developed country [MDC] or relatively developed country) | A country that has progressed relatively far over along the continuum of development |
Developing Country (less developed country [LDC]) | A country that is at a relatively early stage in the process of economic development |
Development | A process of improvement in the material conditions of people through diffusion of knowledge and technology |
Fair Trade | An alternative to international trade that emphasizes small businesses and worker owned and democratically run cooperatives and requires employers to pay workers fair wages, permit union |
Female Labor Force Participation Rate | The percentage of women holding full-time jobs outside the home |
Foreign Direct Investment (FDI) | Investment made by a foreign company in the economy of another country |
Gender Related Development Index (GDI) | an indicator constructed by the U.N. to measure the gender gap in the level of achievement in terms of income, education, and life expectancy |
Gender Inequality Index (GII) | A measure of the extent of each country’s gender inequality |
Gross Domestic Product (GDP) | The value of the total output of goods and services produced in a country in a given time period (normally one year) |
Gross National Income (GNI) | The value of the output of goods and services produced in a country in a year, including money that leaves and enters a country |
Human Development Index (HDI) | An indicator of the level of development for each country, constructed by the United Nations, that is based on income, education, and life expectancy |
Inequality-Adjusted HDI (IHDI) | Modification of the HDI to account for inequality in a country |
Literacy Rate | The percentage of a people in a country who can read and write |
Maternal Mortality Rate | The number of women who die giving birth per 100,000 births |
Microfinance | Provision of small loans and other financial services to individuals and small businesses in developing countries |
Millennium Development Goals | Eight international development goals that all members of the United Nations have agreed to achieve by 2015 |
Primary Sector | The portion of the economy concerned with the direct extraction of materials from the Earth’s surface, generally through agriculture, although sometimes by mining, fishing, and forestry |
Productivity | The value of a particular product compared to the amount of labor needed to make it |
Pupil/Teacher Ratio | the number of enrolled students divided by the number of teachers |
Purchasing Power Parity (PPP) | The amount of money needed in one country to purchase the same goods and services in another country; PPP adjusts income figures to account for differences among countries in the cost of goods |
Secondary Sector | The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials |
Structural Adjustment Program | Economic policies imposed on less developed countries by international agencies to create conditions encouraging international trade, such as raising taxes, reducing government spending, controlling, inflation, and selling publicly owned utilities. |
Sustainable Development Goals | seventeen goals adopted by the U.N. in 2015 to reduce disparities between developed and developing countries by 2030 |
Tertiary Sector | The portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people, in exchange for payment |
Value Added | The gross value of a product minus the cost of raw materials and energy |