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Lake Park - AP Human Geography - Chapter 9 Vocabulary

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show Alternative to international trade that emphasizes small businesses and worker owned and democratically run cooperatives and requires employers to pay workers fair wages, permit union organizing, and comply with minimum environmental and safety standards  
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Gender Empowerment Measure (GEM)   show
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show Compares the level of development of women with that of both sexes  
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Gross Domestic Product (GDP)   show
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show Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy  
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Literacy Rate   show
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Transnational Corporation   show
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Gross National Product (GNP)   show
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show The value of the total output of goods and services produced in a country in a given time period  
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show The Gross National Product (GNP) of a given country divided by its population  
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Formal Economy   show
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show Economic activity that is neither taxed nor monitored by a government; and is not included in that government’s Gross National Product (GNP); as opposed to a formal economy  
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show Model of economic development most closely associated with the work of economist Walter Rostow. Maintains that all countries go through 5 interrelated stages of development  
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Structuralist Theory   show
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Dependency Theory   show
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World-Systems Theory   show
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show With reference to Immanuel Wallerstein’s world-systems theory, the division of the world into the core, the periphery, and the semi-periphery as a means to help explain the interconnections between places in the global economy  
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Export Processing Zones   show
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show Specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment  
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Informal Economy (Informal Sector)   show
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Trickle-Down Effect (Spread Effect)   show
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Underdevelopment   show
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Gross National Income (GNI)   show
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