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20 Cards in this Set
- Front
- Back
A process of a acculturation or cultural imperialism through which forms of industrial, political and economic organization are imposed on other cultures under the guise of getting aid in the form of technological and industrial “progress” |
Neo-colonialism |
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A strategy for economic development that calls for free markets, balanced budgets, privatization, free trade, and minimal government intervention in the economy |
Neoliberalism |
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A subgroup of developing countries that have experienced rapid industrialization of their economies Ex : Taiwan, India, Mexico |
Newly- Industrialized Country |
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International organizations that operate outside of the formal political arena but that are nevertheless influential in spearheading international initiatives on social, economic, and environmental issues |
Nongovernmental Organizations |
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agreement signed by the United States, Canada, and Mexico in 1992 to form the largest free trade zone in the world |
North American Free Trade Agreement (NAFTA) |
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The gross national product of a given country divided by its population |
Per capita GNI |
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The amount of money earned in one year in the nation by an average |
Per capita income |
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a composite indicator of development composed from life expectancy literacy rate, and infant mortality |
Physical Quality of Life Index |
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economic activity concerned with the direct extraction of natural resources from the environment such as mining, agriculture, and fishing |
Primary activity |
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measurement of what the same amount of money buys in different country |
Purchasing power Parity |
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Service sector industries concerned with the collection, processing, and manipulation of information and capital |
Quaternary activity |
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The annual rate of population growth |
Rate of natural increase |
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The processing of raw materials in their transformation into finished industrial products, manufacturing |
Secondary Activity |
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specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment |
Specific Economic zones |
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loans granted by international financial institutions such as the world bank and the international monetary fund to countries in the periphery in the semi periphery in exchange for certain economic and governmental reforms in that country |
Structural Adjustment Loans |
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A general term for a model of economic development that treats economic disparities among countries or regions as a result of historically derived power relations within the global economic system |
Structuralist Theory |
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economic activity associated with the provision of services such as transportation, banking, retailing, education, office-based jobs |
Tertiary Activity |
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with reference to Immanuel Wallersteins world systems theory, the division of the world into the core |
Three-tier structure |
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when a family sends a child or adult to a labor recruiter in hopes that the labor recruiter will send money |
trafficking |
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a disease carried from one host to another by an intermediate host |
vectored disease |