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20 Cards in this Set
- Front
- Back
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Neocolonialism |
A process of acculturation or cultural imperialism |
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Neoliberalism |
A strategy for economic development that calls for free markets, balanced budget, privatization, free trade, and minimal government intervention in the economy |
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Newly industrialized country |
subgroup of developing countries has experience rapid industrialization of their economies |
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Non-governmental organizations |
International organizations to operate outside of the formal political area |
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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 amount 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 from 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 |
Measurement of what the same amount of money buys in different countries |
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Quaternary activity |
Service sector industries concerned with the collection, processing, and manipulation of information and capital |
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Rate of natural increase |
The annual rate of population growth |
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Secondary activity |
The processing it raw materials in 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 |
loans granted by international financial institutions such as the World Bank and the International Monetary Fund to countries in the periphery and semi periphery in exchange for certain economic and governmental reforms in that country |
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Structuralist theory |
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 |
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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 |
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 |
When a family sends a child or an adult to 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 disease |
disease carries from one host to another by an intermediate host |
