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20 Cards in this Set

  • Front
  • Back

neocolonialism

A process of acculturation or cultural imperialism through which forms of industrial political and economic organization are often imposed on other cultures under the disguise of getting aid in the form of technological and industrial progress but it can still lead to good things like bringing needed infrastructure

neoliberalism

A strategy of economic development that calls for free markets balance budget privilege Tatian free trade and minimal government intervention in the economy

Newly industrialized country

A subgroup of developing countries that have experience rapid industrialization of their economies by Taiwan India and Mexico

Non-governmental organizations

International organizations that operate outside of the formal political arena but that are never the less influential in spreadinginternational initiative on social economic and environmental issues

North American free trade agreement NAFTA

Agreement signed by the United States Canada and Mexico in 1992 to form the largest free trade zone in the world

per capita gni

The gross national product of a given country divided by its population

per capita income pci

The amount of money earned in one year in the nation by an average person

Physical quality of life index

A composite indicator of development composed from life expectancy literacy rate and infant mortality

Primary activity

Economic activity concerned with the direct extraction of natural resources from the environment such as mining agriculture and fishing

Purchasing power parity PPP

Measurement of what the same amount of money buys in different countries

Quaternary Activity

Service sector industries concerned with the collection processing and manipulation of information and capital examples include finance administration and insurance

Rate of natural increase

The annual rate of population growth

Secondary activity

The processing of raw materials and transformation into finished industrial products manufacturing

Special economic zones

Specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment

Structural adjustment loans

Loans granted by international financial institutions such as the world bank and the international monetary fund to countries in the periphery and semi property in exchange for certain economic and governmental reforms in that country examples are privatization of certain government entities and opening the country to foreign trade and investment

Structuralist theory

A general term for a model of economic development that treats economic disparities among countries or regions as a result of historically the rived power regulations within the global economic system

Tertiary activity

H Breeze el servicio profesional Services da Transportation Vane King Of Space en Jobs

Three tier structure

With reference to Emmanuel Wallerstein‘s world systems theory the division of the world into the core the semi periphery and periphery as a means to help explain the Internet connections between places and global economy

Trafficking

When a family sends a child or an adult to a labor recruiter in hopes that the labor recruiter will send money and the family member will earn money to send home

Vectored disease

A disease carried from one house to another by an intermediate host