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Ch9 Rubenstein APHG
Rubenstein APHG book
| Question | Answer |
|---|---|
| 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 the product minus the costs of raw materials and energy |
| Primary sector | 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 |
| Productivity | The value of a particular product compared to the amount of labor needed to make it |
| Secondary sector | The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials |
| Less developed country (LDC) | A country that is at a relatively early stage in the process of economic development |
| Literacy rate | The percentage of a country's people who can read and write |
| More developed country (MDC) | A country that has progressed relatively far along a continuum of development |
| Human Development Index (HDI) | Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy |
| Gross domestic product (GDP) | The value of the total output of goods and services produced in a country in a given time period (normally 1 year) |
| Gender empowerment measure (GEM) | Compares the ability of women and men to participate in economic and political decision making |
| Gender-Related development index (GDI) | Compares the level of development of women with that of both sexes |
| Development | A process of improvement in the material conditions of people through diffusion of knowledge and technology |
| 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,selling publicly owned utilities to private corps |
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