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AP Human Geography

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Term
Definition
Gross National Product (GNP)   show
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show Economic productivity in agriculture, mining, industry, and services that is counted or taxed by government. Trade is through formal channels, often using credit.  
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Informal economy   show
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Digital divide   show
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Dependency ratio   show
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show Agenda agreed to by member countries of the United Nations to improve peoples’ lives across several human conditions, including education, environment, political liberty, poverty, and inequality.  
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Context   show
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show Economic and financial policies that give higher income countries and organizations control over lower income countries.  
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Structuralist Theory   show
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show Andre Gunder Frank’s theory that wealthy countries set up exploitative economic relations whereby lower income countries became dependent on wealthy countries, who in turn benefit economically.  
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show When one country abandons their local currency and officially adopts the currency of another country.  
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show Theory originated by Immanuel Wallerstein and illuminated by his three-tier structure, proposing that social change in and economic wealth in the periphery is inextricably linked to the core.  
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show Division of the world economy into the core, periphery, and semiperiphery according to Immanuel Wallerstein’s world-systems theory.  
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Core   show
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Periphery   show
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Semi-Periphery   show
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show Steps in the production of a good from its design and raw materials to its production, marketing, and distribution.  
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Break of bulk point   show
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Structural adjustment loans   show
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Washington Consensus   show
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show Policies based on the economic theory that government should not intervene in markets.  
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Trafficking   show
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show Foreign-owned factories in Mexico where low-wage workers assemble imported components and raw materials into finished products for export.  
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Desertification   show
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show Cities in developing regions where foreign investment is concentrated and to which rural migrants are drawn.  
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show Privately funded institutions that aid in development and relief work.  
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Microcredit programs   show
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show Theory that countries follow the same path along stages of development. Developed by economist Walter Rostow.  
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Gross Domestic Product (GDP)   show
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Gross National Income (GNI)   show
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show The Gross National Income (GNI) of a given country divided by its population.  
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