Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
24 Cards in this Set
- Front
- Back
The primary sector of the economy includes |
Basic production (agriculture, forestry, mining, fishery) |
|
The secondary sector of the economy includes
|
Production of goods (industries, construction craft) |
|
The tertiary sector of the economy includes
|
Services (trade, banks, transport, education, culture, health)
|
|
Sector employment in LDCs has trended lower for the
|
Primary sector, because industrialization has begun to displace workers |
|
According to Rostow's development model, a country with a lot of heavy industry that uses modern technology is in
|
Stage 4, drive to maturity |
|
The self-sufficiency approach to development has
|
Frequently suffered from inefficiencies
|
|
The factors included in a country's HDI score are
|
GDP, school-enrollment, literacy rate, and life expectancy
|
|
The ratio of debt to annual income is highest in
|
Africa
|
|
The GEM represents
|
Women's access to power and decision making |
|
The goal of structural adjustment programs (SAPs) is to
|
Increase transparency in government development and spending |
|
Wal-Mart's largest effect is on the
|
Primary sector because it purchases a lot of agricultural goods (although it has an effect on all sectors |
|
GDI represents
|
HDI factors with more weighting towards gender |
|
GDI is lowest in
|
Sub-Saharan Africa
|
|
A tariff is
|
A tax imposed on imported goods
|
|
The member states of the WTO account for
|
Nearly 100% of world trade |
|
The WTO promotes a type of development that is |
Capitalist
|
|
The difference between GDP and GNI is |
GDP is only goods produced within a country's borders; GNI is all wealth produced by a country |
|
Sociodemographic indicators of development focus on |
The welfare of the population (disease, literacy, education) |
|
The GINI coefficient measures
|
Income equality (High = unequal; Low = equal)
|
|
The GINI coefficient for the world is in the
|
High 60s
|
|
Factors that affect income distribution include
|
Individual, social, policy-related, historical |
|
The Classic Model of Development was developed by |
Walt Rostow |
|
Dependency theory states that
|
Development is relational and does not follow a series of changes. Dependency causes underdevelopment, and MDCs force dependent states into dependency. |
|
Liberalism is a theory that promotes |
Political equality through universally applicable laws |