industry and development
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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Brandt Line | show 🗑
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Human Development Index (HDI) | show 🗑
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Gross National Income (GNI) | show 🗑
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show | a measure of how many units of currency are needed in one country to buy the amount of goods and services that one unit of currency will buy in another country.
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show | The value of the total output of goods and services produced in a country in a given time period (normally one year)
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show | Farming, fishing, timber, and mining, jobs that extract natural resources from the environment ex: agriculture, fishing, mining
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show | Factory jobs or manufacturing jobs.
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Tertiary Sector | show 🗑
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show | service sector industries concerned with the collection, processing, and manipulation of information and capital. Ex: research and development, skills and education, teachers
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show | the branch of a country's economy where important decisions are made by top-level executives or ceos in the government, industry, business, education, media and nonprofit organization
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show | the value of a particular product compared to the amount of labor needed to make it.
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show | the ratio of students to teachers
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show | the percentage of a country's people who can read and write.
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Gini coefficient | show 🗑
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Gender Gap | show 🗑
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Gender-related Development Index (GDI) | show 🗑
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show | A measure of the extent of each country's gender inequality.
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Female Labor Force Participation Rate | show 🗑
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Maternal Mortality Rate | show 🗑
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Adolescent Fertility Rate | show 🗑
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show | summarises economic growth of countries into five different stages
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Stage 1 | show 🗑
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stage 2 | show 🗑
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show | Takeoff, industrialization takes place, infrastructure improves, there is financial investment and cultural change.
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show | Drive to Maturity, new ideas and technologies improve and it starts to replace older industries, economic growth spreads nationwide.
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show | Age of Mass Consumption, people are very wealthy so there are people who are buying a lot of services and goods, this is known as a consumer society. There are fully developed welfare systems and trade expands.
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International Monetary Fund- | show 🗑
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Wallerstein’s World Systems Theory | show 🗑
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show | a good whose use is related to the use of an associated or paired good. Kind of like Oreos and Milk.
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Comparative Advantage | show 🗑
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Microfinance (Microloans) | show 🗑
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show | form of tourism, based on the enjoyment of scenic areas or natural wonders, that aims to provide an experience of nature or culture in an environmentally sustainable way.
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show | triangular model that emphasizes that firms seek a site of minimum transport and labor cost.
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show | A decision by a corporation to turn over much of the responsibility for production to independent suppliers. Often overseas to nations where labor costs less.
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show | Ownership by the same firm of a number of companies that exist along a variety of points on a commodity chain.
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Special Economic Zones | show 🗑
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Export Processing Zones | show 🗑
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Maquiladoras | show 🗑
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show | no tariffs between countries, special zones in which all trade barriers between two countries are eliminated. The FTZs usually consist of labor intensive manufacturing plants, such as the maquiladoras.
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show | an area of land in which many office buildings are grouped together. refers to a center of high-tech manufacturing and information-based quaternary industry.
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show | An area planned for high technology where agglomeration built on a synergy among technological companies occurs, silicon valley is an example.
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show | A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs.
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show | industry in which the production of goods and services is based in homes (not factories)
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Biomass Fuel | show 🗑
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show | An industry in which the final product weighs less or comprises a lower volume than the inputs, and example would be trees turning into toothpicks.
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show | An industry in which the final product weighs more or comprises a greater volume than the inputs, example is soft drinks because water is very heavy.
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Break-of-bulk point | show 🗑
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show | made possible by efficient transportation and communication systems, whereby companies keep on hand just what they need for near-term production, planning that what they need for longer-term production will arrive when needed.
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show | an industry that can be placed and located at any location without effect from factors such as resources or transport.
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show | Theory which holds that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas.
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Deindustrialization | show 🗑
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European Union | show 🗑
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World Trade Organization | show 🗑
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Mercosur | show 🗑
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OPEC | show 🗑
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Post-Fordist Production | show 🗑
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Fordist Production | show 🗑
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Multiplier Effect | show 🗑
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