global village
idea that the world is becoming like one large village because of improvements in communications
developed countries
country with a highly developed economy. its citizens have high incomes, abundant food, good housing and can afford many luxuries
newly industrializing countries
country in the transition stage between developing and developed. these countries have rapidly growing economies
developing countries
country with poorly a developed economy. its citizens have low incomes, shortages of food, poor housing and cannot afford luxuries
life expectancy
average lifespan of a population
gross domestic product per capita (GDP)
total value of the goods and services produced within a country per person, excluding transactions with other countries
foreign aid
financial assistance provided to developing countries from other (usually more developed) countries
cash crops
crops grown by a farmer to be sold
name 6 limitations of grouping countries
- deciding the difference between “progress” and “development”
- considering what is not revealed in GDP statistics
- only three groups
- assuming economic and social development is the same throughout the entire population
- not all countries fit into a category
- groups do not reflect rapid changes
