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20 Cards in this Set
- Front
- Back
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Neo-colonialism |
A process of acculturation or cultural imperialism through which forms of industrial, political and economic organization are often imposed on other cultures under the guise of getting aid in the form of technological and industrial “progress” but it can still lead to good things, like bringing needed infrastructure. McKinna Copple |
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Neoliberalism |
A strategy for economic development that calls for free markets, balanced budgets, privatization, free trade, and minimal government intervention in the economy McKinna Copple |
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Newly- Industrialized country (NIC) |
A subgroup of developing countries that have experienced rapid industrialization of their economies. Ex: Taiwan, India, Mexico McKinna Copple |
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Nongovernmental organizations (NGOs) |
International organizations that operate outside of the the formal political arena but that are nevertheless influential in spearheading international initiatives on social, economic, and environmental issues. McKinna Copple |
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North American Free Trade Agreement (NAFTA) |
Agreement signed by the United States, Canada, and Mexico in 1992 to form the largest free trade zone in the world McKinna Copple |
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Per capita GNI |
The gross national product of a given country divided by its population McKinna Copple |
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Per capita income (PCI) |
The amount of money earned in one year in a nation by an average person McKinna Copple |
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Physical quality of life index (PQLI) |
A composite indicator of development composed from life expectancy, literacy rate, and infant mortality McKinna Copple |
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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 McKinna Copple |
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Purchasing power parity (PPP) |
Measurement of what the same amount of money buys in different countries McKinna Copple |
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Quarternary activity |
Service sector industries concerned with the collection, processing, and manipulation of information and capital. Examples include finance, administration, and insurance McKinna Copple |
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Rate of Natural Increase (RNI) |
The annual rate of population growth McKinna Copple |
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Secondary activity |
The processing of raw materials and their transformation into finished industrial products; manufacturing McKinna Copple |
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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 McKinna Copple |
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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 the semi periphery in exchange for certain economic and governmental reforms in that country( e.g. privatization of certain government entities and opening the country to foreign trade and investment) McKinna Copple |
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Structuralist theory |
A general term for a model of economic development that treats economic disparities among countries or regions as the result of historically derived power relations within the global economic system. McKinna Copple |
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Tertiary activity |
Economic activity associated with the provision of services, such as transportation, banking, retailing, education, and office-based jobs McKinna Copple |
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Three-tier structure |
With references to immanuel Wallersteins world systems theory, the division of the world into the core, the periphery, and the semi- periphery as a means to help explain the interconnections between places in the global economy McKinna Copple |
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Trafficking |
When a family sends a child or an adult to a labor recruiter in hopes that the labor recruiter will send money, and the family member will earn money to send home McKinna Copple |
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Vectored diseases |
A disease carried from one host to another by an intermediate host McKinna Copple |
