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Chapter 9 HumanGeo

Development in Human Geography

a process of improvement in the material conditions of people through diffusion of knowledge and technology Development
a country that has progressed relatively far along a continuum of development More Developed Country
a country that is at a relatively early stage in the process of economic development Least Developed Country
indicator of level of development for each country, constructed by the U.N., combining income, literacy, education, and life expectancy Human Development Index
the value of the total output of goods and services produced in a country in a given time period (normally a year) gross domestic product
the portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry primary sector
the portion of the economy concerned with manufactering useful products through processing, transforming, and assembling raw materials secondary 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 tertiary sector
the value of a particular product compared to the amount of labor needed to make it productivity
the gross value of the product minus the costs of raw materials and energuy value added
the percentage of a country's people who can read and write literacy rate
compares the level of development of women with that of both sexes gender related development index
compares the ability of women and men to participate in economic and political decision making gender empowerment measure
promotes international trade works to reduce barriers to internation trade by reducing or eliminating international trade restrictions and reducing/eliminating restrictions on the international trade movement World Trade Organization
investment made by a foreign company in the economy of another country foreign direct investment
one of the major lenders to LDCS includes the International Bank of Reconstruction and Development and the Internation Development Association The World Bank
provides loans to countries experiencing balance-of-payments problems that threaten expansion of international trade The International Monetary Fund (IMF)
economic policies imposed on LDC by international agencies to create conditions encouraging international trade, such as raising taxes, reducing gov. spending, control inflation, selling publicy owned utlities to private corporations structural adjustment program
alternative to international trade that emphasizes small business and worker-owned and democratically run cooperatives and requires employers to pay workers fair wages, permit union organizing, and comply with minimum enviromental and safety standards fair trade
1) The Traditonal Society 2)The Preconditions for Takeoff 3)The Takeoff 4)The Drive to Maturity 5)The Age of Mass Consumption Rostow's Development Model
the 1st countries to adopt international trade alternative were South Korea, Singapore, Taiwan, and Hong Kong lacking many resources,promoted development by concentration on producing a handful of manufactered goods The Four Dragons
Created by: viviann223