Development Vocabulary Flashcards

0
Q

The industries that are focal point of the economy for a city

A

Basic industries

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1
Q

The centralization of parts of an industry for the mutual benefit of the industry as a whole

A

Agglomeration

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2
Q

An economic system that lets the competitive market determine the price of goods in a society in which people have the freedom to choose their outcomes based on their ability to pay for a product

A

Capitalism

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3
Q

An economic system in which the government has total control over the prices of goods in a society, ranging from price of bread to utility prices

A

Communism

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4
Q

Model suggesting the core areas are more developed while the periphery areas are less developed and often times the periphery is at the economic beckoning of the core through resources

A

Core – periphery model

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5
Q

Continued growth that feeds on itself

A

Cumulative causation

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6
Q

Occurs when a market become saturated with a particular industry, creating too much competition enforcing some businesses to shut down

A

Deglomeration

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7
Q

Suggests that more developed countries exploit less developed countries to remain at the top of international trade

A

Dependence theory

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8
Q

The continued progress of the society in all areas, including demographics, economics, and social factors

A

Development

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9
Q

Costs the do not fluctuate depending on the quantity ordered

A

Fixed costs

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10
Q

A company with no allegiance or ties to a country or a location that, therefore, can move its primary location

A

Footloose industry

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11
Q

Describes an assembly line on which each employee is doing a specific task to speed up the overall process of production

A

Fordism

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12
Q

The direction vestment by company in the economy of a foreign country characterized by direct relationship between the investor in the product of the investment

A

Foreign direct investment

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13
Q

Include South Korea, Hong Kong, Taiwan, in Singapore

A

For Asian tigers

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14
Q

Determined by summing the selling value or market price of all goods and services that are producing a particular country in a given year

A

To domestic product GDP

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15
Q

Determined by dividing the total amount of goods and services produced in country by the total population of the country

A

Gross domestic product per capita

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16
Q

Determined by summing the value of goods and services produced by countries factors of production within a given time. Usually one year

A

Gross national product GNP

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17
Q

Includes the characteristics such as life expectancy, literacy, education, and standard of living that affect all peoples lives regardless of culture

A

Human development Index

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18
Q

Starting the mid 1600s, the Industrial Revolution extension of the lightning. In Europe

A

Industrial revolution

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19
Q

The specialization of labor so that the production becomes industrialize, thereby increasing speed, efficiency, and quality of the work process

A

International division of labor

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20
Q

Businesses that require relatively more human effort in the production process

A

Labor – intensive industries

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21
Q

The expansion of the economic base of a city as a result of the increased demand sparking increase production, which in turn employees more people who then demand even more goods and services

A

Multiplier effect

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22
Q

A situation where in the less developed countries of the world are still economically dependent upon the more developed countries

A

Neocolonialism

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23
Q

That outsourcing of jobs from more developed countries to lesser developed countries to produce goods more cheaply

A

New international division of labor

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24
Q

Industries that serve a secondary businesses, established after the city has already established its basic industry

A

Non-basic industries

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25
Q

The internal characteristics of a place based on its physical features

A

Site

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26
Q

The relationship that a particular location as with the locations around it

A

Situation

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27
Q

An economic system in which the government controls the basic elements of an economy, such as food for prices, transportation costs, and energy prices

A

Socialism

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28
Q

The increase in the efficiency in the delivery process by diminishing distance obstacles, perhaps via email, fax machines

A

Time – space compression

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29
Q

Large companies with offices or divisions in countries around the world

A

Transnational corporations

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30
Q

Ports that must remain open for international trade because of the signing of berries treaties

A

Treaty ports

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31
Q

Costs that fluctuate based on the volume of the order

A

Variable costs

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32
Q

Series of links connecting the many places the production and distribution and resulting in a commodity that is an exchange on the world market

A

Commodity chain

33
Q

With respect to a country, making progress in technology, production, and Socio economic welfare

A

Developing

34
Q

The total value of all goods and services produced by country’s economy in a given year it includes all goods and services produced by corporations and individuals of a country, whether or not they are located within the country

A

Gross national product GNP

35
Q

The total value of all goods and services produced within a country during a given year

A

Gross domestic product GDP

36
Q

Calculates the monetary worth of what is produced within a country plus income received from investments outside the country as a more accurate way of measuring a country’s wealth in the context of global economy

A

Gross national income GNI

37
Q

The gross national product of a given country divided by the population

A

Per capita gross national income

38
Q

The legal economy that is tax in monitored by government and is included in a governments gross national product as opposed to an informal economy

A

Formal economy

39
Q

economic activity that is neither text nor monitored by the government, and is not included in the governments gross national product, as opposed to a formal economy

A

Informal economy

40
Q

A model of economic development most closely associated with the work of economist Walter Rostow five stage models

A

Modernization model

41
Q

The geographical situation in which something occurs the combination of what is happening at a variety of scales concurrently

A

Context

42
Q

The entrenchment of a colonial order such as trade and investment, hundred new guise.

A

Neo – colonialism

43
Q

A general term for a model of economic development to treat economic disparities among countries or regions as a result of historically drive power relations within the global economic system

A

Structuralist theory

44
Q

Is structuralist theory that offers a critique of the modernization model of development based on the idea that certain types of political and economic relations between the countries and regions of the world have created arrangements

A

Dependency theory

45
Q

When a poor country ties the value of currency to that of a wealthier country or when it opens its currency in adopts the wealthier countries currency as its own

A

Dollarization

46
Q

Siri originated by Emmanuelle Wallerstein and illuminated by his three tier structure, opposing social change in the developing world is an extra Hubley link to the economic activities of the developed world

A

World systems theory

47
Q

With reference to in Manwell Wallerstein’s world system Siri the division of the world and the core, the periphery, and the semi periphery

A

Three tier structure

48
Q

One eradicate extreme poverty to achieve universal education three promote gender equality for reduce child mortality five improve maternal health six combat AIDS and other diseases seven and sure Envir mental sustainability eight develop a global partnership for develop meant

A

Millennium development goals

49
Q

When a family sends a child or an adult to a labor recruiter in hopes of the labor Cooter will send money, and the family will earn money to send home

A

Trafficking

50
Q

Loans granted by international financial institutions such as the World Bank and the international monetary fund to countries in the periphery in the semi periphery

A

Structural adjustment loans

51
Q

Derives from The Neo – classical economic idea that government intervention into markets is insufficient an undesirable, and should be resisted wherever possible

A

Neo liberalism

52
Q

A disease carried from one host to another by an intermediate host

A

Vector disease

53
Q

Spread by mosquitoes that carry the parasite in their saliva and which kills approximately hundred 50,000 children in the global for a free each month

A

Malaria

54
Q

Zones established by many countries in the periphery and semi-periphery where they offer favorable tax, regulatory, and trade agreements to attract foreign trade and investment

A

Export processing Jones

55
Q

Specific areas within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment

A

Special economic zones

56
Q

Agreement entered into by Canada, Mexico, in the United States in December 1992 in which took effect on January 1 to aluminate the barriers to trade in, and facilitate the crossborder movement of goods and services between the country

A

NAFTA

57
Q

The encroachment of desert conditions on Weister zones along the desert margins

A

Desertification

58
Q

Place build up by a government or corporation to attract foreign investment in which has relatively high concentrations of paying jobs and infrastructure

A

Islands of development

59
Q

International organizations. That operate outside the formal political arena but that are never the less influential and spearheading International initiatives on social, economic, and environmental issues

A

Nongovernmental organizations

60
Q

Program that provides small loans for poor people, especially women, to encourage development of small-business

A

Microcredit program

61
Q

Study of large-scale economic factors like GNP and national productivity

A

Macroeconomics

62
Q

Unequal concentrations of wealth make it difficult for developing countries

A

Structuralism

63
Q

Wallerstein’s core periphery theory

A

World system

64
Q

Maximizing profits and laissez-faire Will Guide the economy

A

Invisible hand

65
Q

Colonization cause colonies to depend on colonial powers for everything

A

Dependency theory

66
Q

Webers theory of industrial location emphasizing transportation

A

Least cost theory

67
Q

The role of government is mineral or hands off in the economy

A

Laissez faire

68
Q

Activities dealing with processing information and management of business

A

Quaternary

69
Q

Economic activities Built around the environment to preserve resources

A

Ecotourism

70
Q

Transfer products from one form of transportation to another form

A

Break – bulk point

71
Q

Industrial regions of Canada near Great Lakes

A

To horseshoes

72
Q

A massive corporation operating many smaller companies

A

Conglomerate

73
Q

College presidents and CEOs classification of economic activity

A

Quinary

74
Q

A geographic definition in reference to a terrorism is real goal

A

Geocentric

75
Q

Region specialized and goods beneficial to them

A

Comparative advantage

76
Q

A comparison of how specialized a region is in respect to size

A

Location quotient

77
Q

Needs of one region matches products of another region

A

Complementarity

78
Q

Ability to move sites, renegotiate contracts with labor and suppliers

A

Flexible accumulation

79
Q

North American manufacturing belt

A

Industrial quadrangle

80
Q

Factories, malls, restaurants etc. created around economic core regions

A

Ancillary industries

81
Q

Basis for understanding volume and timing of flows of goods

A

Ullman conceptual frame