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23 Cards in this Set
- Front
- Back
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GNP
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*(gross national product)*Average Income
*the measure most oftren used in calculating a wealth of a country. *total value of goods and services produced within a country, with - payments recieved from other countries- minus payments made to other countries *per capita GNP- amount a person earns per year |
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GDP
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*(Gross Domestic Product)
* the difference between GNP is a tachnical one is calculating interst and wages earned abroad |
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IMR
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*Infant Mortality Rate
*how many babies per thousand will die before they reach their first birthday |
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Life Expenctancy
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*measure of the quality of life
*average figure - includes: infants that die *countries which have high IMR will probably have low life expectancy - eventhough some people will live to be old |
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Literact Rate
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shows the percentage of people in a given population who can read and write
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Sustainable Development
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Development which does not distrupt ecological system or over-exploit natural resources
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Maldevelopment
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*used to describe non-sustainable development - first world
*aerosol can, plastic milk jub = examples of maldevelopment |
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Develop
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to cause to grow gradually in some way; to cause to become gradually fuler, larger, better, etc.
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Development
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the process of improving the quality of human lives in many areas, including: income and consumption levels; social,political and economic institutions and freedom of choice.
*this term is used to narrowly to mean economic growth |
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Underdeveloped
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a comparative concept expressing a relationship of exploitation - ex: some countries are economically "developed" because other are not
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Overdeveloped
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a comparative concept in which some countries are using more than their fair share of resources
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Mal-Developed
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a countrys state of development i shaving a negative- and possibly even evil - effect on others abilities to develop
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Modern
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Characteristic of the present or recent time
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Traditional
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Pertaining to or derived from the past
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Industrialized
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Oftern used to refer to those countries whose gross national product comes primarily from industrial activity, not agriculture
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First World
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Countries: Western Europe, U.S., Canada, Austrailia, New Zealand and Japan - have industrialized market economies
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Second World
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Countries: Eastern Europe, former Soviet Union - had centrally planned economies
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Third World
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*term cam into use in the Cold War Era when it was applies to the countries committed neither to Communism nor to a western system of government
*orginally coined in 1960's by Alfred Sauvy in reference to the role of "third estate" in the french rev. *has come to refer to nations of Africa, Asia, Latin America and Oceania - taken a primarily economic connotation *low GNP, high agriculture work, high pop. growth, low life expectancy, high rate of infant mortality, low rate of literacy |
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Sustainable Development
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Development that meets the need of the present without comproming the ability of future generations to meet their own needs
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Globalization
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interconnection and integreation amoung people, economies and societies throughtout th world
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Developed
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*Have higher average per capita incomes
*U.S., canada, japan, australia, new zealand (global north) *first world *industrialized *high income |
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Developing
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*Global South
*Third World *all countries are considered to be developing *low income *high population in agraculture |
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Carrying Capacity
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*population that an area can support w/o undergoing enviromental deterioration
*enhance - food production *reduce - people, pollution |
