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AP Human Chpt 9
|A process of improvement in the material conditions of people through diffusion of knowledge and technology.
|Foreign Direct Investment
|(FDI) Investment made by a foreign company in the economy of another country.
|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.
|Gross Domestic Product
|(GDP) The value of the total output of goods and services produced in a country in a given time period.
|Human Development Index
|(HDI) Indicator of level of development for each country, constructed by UN, combining income, literacy, education, and life expectancy.
|Less Developed Country
|(LDC) A country that is at a relatively early stage in the process of economic development.
|The percentage of country's people who can read and write.
|More Developed Country
|(MDC) A country that has progressed relatively far along a continuum.
|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.
|The value of a particular product compared to the amount of labor needed to make it.
|The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.
|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.
|The gross value of the product minus the costs of raw materials and energy.