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15 Cards in this Set

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  • Back
Agricultural Labor Force
The percentage of the population that makes a living that is based in farming, the larger this percent the less developed the nation is said to be
Centralization
The process of concentrating power in one location
Decentralization
The process of dispersing or distributing power to other political entities and allowing often for a sharing of power and decision making
Privatization
The process whereby a government sells off and turns over control of what had previously been government owned, usually in the name of reducing government expenses, often done by conservatives
Regionalization
The idea, usually within a given country, that certain areas of that country can develop and have significance themselves--this can often lead to conflict when one part of a country wishes to free itself from a national government
Religious Fundamentalism
A belief that a particular denomination has strayed to far from the true meaning of the Bible and that these secular trends must be removed and replaced by more traditional beliefs and actions
Service Economy
A country that features economic production that is based not so much on factory production but on people performing services for others
Ethnocentrism
The belief that your culture and your way of life is better than those in other countries
European community
The relatively new (and developing) group of countries that is made up of England, France, Germany and others
Environmentalism
The awareness that development has produced pollution and other similar problems which have been brought to the attention of various governments who now must take these concerns into account when deciding policy
GATT
A trade agreement that sets common trade and tariff policies between a series of nations (primarily European)
GNP
The total value of all goods and services that country produces, usually divided by the population creating a statistic that is expressed per capita
Nation
A group of people that have a common heritage and culture
PPP
A measure of the economic well being of a country that takes into account the cost of living when looking at the average income
State
A term that is identified as a country that has geographical borders and a government