chapter 10: development Flashcards

1
Q

commodity chain

A

links that connect places around the world to help create a commodity that is then exchanged on the world market
ex. designed in CA, parts made in MX, manufactured in China, then shipped back to CA for distribution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

break-of-bulk location

A

a location where goods are set to be transported from one carrier to another
ex. cargo on train to bus to plane to ship etc

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

GNP

A

gross national product
total value of all goods/services produced by a country’s ECONOMY in a year; whether they are located in the country or not

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

GDP

A

gross domestic product
**

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

GNI

A

gross natl income
total amount of money earned by a nations people, businesses, and shares in other countries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

per capita GNI

A

the dollar value earned by a nation’s people/businesses divided by population

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

formal economy

A

the legal economy that is taxed and monitored by a government and is included in a gov’s gnp

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

informal economy

A

economis activity that is neither taxed nor monitored by a gov; not included in that gov’s gnp

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

digital divide

A

the gap in access to telecommunications between developed and developing countries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

millenium development goals

A
  1. eradicate extreme poverty and hunger
  2. universal education
  3. gender equality
  4. reduce child mortality
  5. maternal health
  6. combatting disease
  7. environmental stability
  8. global partnership
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

modernization model

A

(rostow) if you follow the behavior of rich countries YOU TOO CAN BE RICH
- upward mobility

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

context

A

the geographical situation in which something occurs and what is happening outside of its own scale

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

neo-colonialism

A

the entrenchment of the colonial order, such as trade and investment, under a new guise

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

structuralist theory

A

model of develop that treats economic desparities among countries as a result of historically derived (colonization) power relations within the global economic system
tldr: colonialism has long lasting effects on countries’ development

tldr: its basically impossible for upwards mobility

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

dependency theory

A

critiques modernization model → colonialism has created arrangements that keep the colonial powers wealthy and the colonies poor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

dollaraization

A

when poorer countries tie currency to a wealthier country/completely abandon their own

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

world systems theory

A

(wallerstein)
social change in developing world is linked to the economic activities of the developed world

in a capitalist world we can never be all equal

18
Q

three tier structure

A

core, periphery, and semiperiphery

19
Q

trafficking

A

when a family send a child to a labor recruiter in hopes of receiving money for their work

20
Q

structural readjustment loans

A

loans granted by institutions such as the World Bank & the International Monetary Fund to countries in the periphery and semiperiphery in exchange for gov and economic reforms

→ rich get rich and the poor stay poor

21
Q

washington consensus

A
  1. free trade raises the wellbeing of all countries
  2. competition allows long term growth
22
Q

neoliberalism

A

economic control moves from state to private sector
- they make all the policies
- lasseiz fare

23
Q

EPZs

A

export processing zones
zones est by countries in the periphery and semiperiphery where they offer favorable trade arrangements to attract foreign trade and investment

24
Q

maquiladoras

A

the term given to zones in northern mexico with factories supplying manufactured goods to the us with low wage workers

25
Q

SEZs

A

special economic zones
specific area within a country in hich tax incentives & less regulations attract foreign business and investment

26
Q

NAFTA

A

north american free trade agreement
agreement btwn canada, mexico, & us to eliminate the barriers to trade in and facilitate the cross-border mvmt of goods and services btwn the countries

27
Q

desertification

A

when areas become more like deserts because of the overuse of soil and shifts in environmental zones

28
Q

island of development

A

place built up by government or corp to attract foreign investment

29
Q

NGOs

A

nongovernmental organizations
international organizations that operate outside of the formal political arena but that are nevertheless influential in spearheading international initiatives on social, economic, and environmental issues

30
Q

microcredit program

A

program that provides small loans to poor people, especially women, to encourage and develop small businesses

31
Q

barriers to development: social conditions

A
  • high birthrate,
  • too many dependents,
  • inadequate nutrition,
  • terrible hygiene,
  • inadequate healthcare (more orphans → small workforce)
  • no clean water,
  • lack of ed,
  • high illiteracy
  • gender inequality
32
Q

barriers to development: foreign debt

A

repaying wealthy/worldbank/international monetary fund
- structural adjustment loans (loans with strings)

33
Q

barriers to development: political instability

A
  • gov not able to maintain control
  • gap btwn rich and poor
  • competition amongst groups
  • decolonization effects
34
Q

5 stages

A

traditional
preconditions to “takeoff”
“takeoff”
drive to maturity
high mass consumption

35
Q

stage 1: traditional

A

self sustaining, slow tech, rigid social structure

36
Q

stage 2: preconditions to “takeoff”

A

more tech, involved gov with flexibility, diversification of economy

37
Q

stage 3: takeoff

A

SEMI
industrialization, sustained growth, urbanization, better tech

38
Q

stage 4: drive to maturity

A

specialization in industrialization
tech diffused to all

39
Q

stage 5: high mass consumption

A

CORE
services, high tech, high income

40
Q

flaws in traditional measurments of development

A

masks uneven distribution of wealth, doesnt meausre costs

41
Q

alt measures

A

role of tech, production, transportation, speed of communication