Unit 7 (Ch. 10+11): Industrialization and Economic Development Flashcards

1
Q

—- —- —- is the value of the output of goods and services produced in a country, and DOES NOT include money that leaves and enters the country

A

Gross Domestic Product (GDP)

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2
Q

—- —- —- is the value of the output of goods and services produced in a country, and DOES include money that leaves and enters the country

A

Goss National Income (GNI)

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3
Q

True or False: Japan is a core country

A

TRUE

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4
Q

True or False: China is a core country

A

FALSE

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5
Q

creator of the International Trade Model

A

Rostow

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6
Q

Rostow created the —- —- —-

A

International Trade Model

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7
Q

in Rostow’s International Trade Model, stage —- of development is a traditional society who hasn’t started developing yet

A

one

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8
Q

in Rostow’s International Trade Model, stage —- of development happens when an elite group initiates economic activity

A

two

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9
Q

in Rostow’s International Trade Model, stage —- of development is when a few industries experience rapid growth

A

three

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10
Q

in Rostow’s International Trade Model, stage —- of development happens when modern technology diffuses to a variety of industries

A

four

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11
Q

in Rostow’s International Trade Model, stage —- of development seest he production of consumer goods

A

five

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12
Q

in Rostow’s International Trade Model, stage one of development is —- —-

A

Traditional Society

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13
Q

in Rostow’s International Trade Model, stage two of development is —- —- —-

A

Preconditions for Takeoff

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14
Q

in Rostow’s International Trade Model, stage three of development is —-

A

Takeoff

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15
Q

in Rostow’s International Trade Model, stage four of development is —- —- —-

A

drive to maturity

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16
Q

in Rostow’s International Trade Model, stage five of development is —- —- —- —-

A

age of mass consumption

17
Q

the —- —- were among the first places to adopt the international trade path

A

four dragons

18
Q

the four dragons were —- —-, singapore, taiwan, and hong kong

A

south korea

19
Q

the four dragons were south korea, —-, taiwan, and hong kong

A

singapore

20
Q

the four dragons were south korea, singapore, —-, and hong kong

A

taiwan

21
Q

the four dragons were south korea, singapore, taiwan, and —- —-

A

hong kong