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20 Cards in this Set
- Front
- Back
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Neo-colonialism |
The process of acculturation or cultural imperialism through which forms of industrial, political, and economic organization are often imposed on other cultures under the guise of getting Aid in the form of technological and Industrial process but it can still lead to good things, like bringing needed infrastructure |
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Neoliberalism |
A strategy for economic development that calls for free markets, balanced budgets, privatization free trade, and minimal government intervention in the economy |
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Newly-Industrialized Country |
A subgroup of developing countries that have experienced rapid industrialization of their economies Example: Taiwan, India, Mexico |
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Nongovernmental Organizations |
International organizations that operate outside of the formal political Arena but that are never the less influential in spearheading international initiatives on social, economic, and environmental issues |
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North American Free Trade Agreement |
Agreement signed by the United States, Canada, and Mexico in 1992 to form the largest free-trade Zone in the world |
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Per Capita GNI |
The gross national product of a given country divided by its population |
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Per Capita Income |
The account of money earned in one year in a nation by an average person |
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Physical Quality Of Life Index |
A composite indicator of development composed by life expectancy, literacy rate, and infant mortality |
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Primary Activity |
Economic activity concerned with the direct extraction of natural resources from the environment, such as mining, agriculture, and fishing |
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Purchasing Power Parity |
Measurements of what the same amount of money Buys in different countries |
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Quarternary Activity |
Service picture of a sector Industries concerned with the collection, processing, and manipulation of information and capital. Example: Finance, Administration, and insurance |
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Rate of natural increase |
The annual rate of population growth |
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Secondary Activity |
The processing of raw materials and their transformation into finished Industrial Products, Manufacturing |
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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 |
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Structural adjustment loans |
Privatization of certain government entities and opening the country to foreign trade and investment |
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Structuralist Theory |
A general term for a model of economic development that treats economic disparities among countries or regions as the result of historically derived power relations within the global economic system |
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Tertiary activity |
Economic activity associated with the provision of services, such as Transportation, banking, retailing, education, and office-based jobs |
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Three-tier structure |
With reference to Immanuel wallerstein's World systems theory, the division of the world into 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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Trafficking |
What 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 |
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Vectored diseases |
A disease carried from one host to another by an intermediate host |
