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14 Cards in this Set
- Front
- Back
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More and less developed countries. Indicators of development.
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economic and social |
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Gross domestic product |
the value of the total output of goods and services produced in a country per year. |
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Primary sectors of the economy.
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direct extraction of materials from earth's surface through agriculture, mining, fishing and forestry |
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secondary sectors of the economy |
manufacturing |
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tertiary sectors of the economy
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transportation, communication, services |
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Employment patterns in more and less developed countries
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change in percent employed |
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Productivity |
the value of the product compared to the amount of labor needed to make it |
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Value Added |
the gross value of the product minus the cost of raw materials and energy. |
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Education and development (years of schooling)
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access to raw materials: supply and demand |
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Two development models
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self-sufficiency, and through international trade.
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Loans and investments. /
Transnational corporations. |
2 money sources private governmental international organizations --- or by corporations/ Are doing business in many countries |
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Countries attracting most foreign investments
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China, Mexico, Brazil
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China |
second world’s largest economy.
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World Trade Organization (WTO).
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promotes international trade development |
