chapter 10 Flashcards

1
Q

the process of improving the conditions of people through diffusion of knowledge and technology.

A

Development

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

what are the three contributions of development

A

long and healthy life, aquire knowledgment, access to resources

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

to determine the level of development of every country/ world’s societies (standard of living, healthy life, access to knowledge)

A

Human Development Index (HDI)-

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

how is standard of living measured

A

gross national income (GNI) and purchasing power parity (PPP)

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

the value of the output of goods and services in a country in a year, including money that leaves and enters the country

A

Gross National Income (GNI)

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

the valute of the output of goods and services in a country in a year (not including the money entering an leaving the country)

A

GPD (gross domestic product)

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

measures average wealth, not its distribution among citizens

A

per capita GNI

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

an adjustment made to the GNI to account for differences among countries in the cost of goods.

A

Purchasing Power Parity (PPP)-

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

GDP divided by the population

A

GPD per capita

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

different sectors of jobs

A

primary (agriculture), secondary (manufacturing), tertiary ( retail and education)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

which countries are more productive

A

developed

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

the value of a particular product compared to the amount of labor needed to make it.

A

Productivity

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

knoweldge components are measured by (4)

A

years of schooling for today’s adults (25 or older)
expected years of schooling for today’s youth
pupil-to-teacher ratio
literary rate

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

what is the main health indicator

A

life expectancy at birth

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

what is wealth used for in developed countries

A

goods and services (transportation, computers, phones, cars)

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

Modifies the HDI to account for inequality within a country.

A

Inequality-Adjusted Human Development Index (IAHDI)
if IAHDI is lower than HDI then the country is unequal

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

in an increasingly unified world economy, developed countries form inner core area, whereas developing countries occupy peripheral locations

A

World-systems theory- (wallerstien)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

created by the UN, measures the gender gap in the level of achievement in three dimensions; reproductive health, empowerment, and the labor market. (0 is equal 1 is unequal)

A

Gender Inequality Index (GII)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

how is gender inequality measured (3)

A

amount of women in labor force, reprodutive rights, empowerment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

how is empowermen measured

A

women in national legisture and women completed high school

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

what is the country where GII increased

A

US

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

gender inequality ______ with more development

A

increases

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

created by the UN, measures the gender gap in the level of achievements for the three dimension of the Human Development Index; income educations, and life expectancy

A

Gender Development Index (GDI)-

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

two obsitcals in encourarging development

A

Adopting policies that successfully promote and sustain development
Finding funds to pay for development

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
how does the world trade organization reduce trade barriers
Reduce restrictions( tariffs and quotas Enforcement (violations)
26
cons of self-sufficiency
inefficent industries lack of comperitiveness corruption black market
27
investment made by a foreign company in the economy of another country.
Foreign Direct Investment (FDI)
28
in what type of countries is FDI distributed unevanly
developing
29
what are two major lenders to developing countries
International Monetary Fund (IMF) and world bank
30
the provision of small loans and other financial services to individuals and small businesses in developing countries that are unable to obtain loans from commercial banks
Microfinance
31
government spends more money than they collect in taxes during a downtown, people work to improve infrastructure until things are better and people pay more taxes and dept
stimulus stragegy
32
reducing taxes in downtown so people can revive the economy by spending their tax savings, less money in government programs
austerity strategy
33
contains economic “reforms” or “adjustments”, such as economic goals, strategies for achieving the objective, and financing requirement
Structural Adjustment Program
34
international trade that provides greater equality to workers and small businesses in developing countries.
Fair Trade
35
three standard of fair trade (esecially for developed countries)
producers workers in farms and factories consumers
36
three different fossil fuels
coal, oil, natural gas
37
what makes some energy better than others
supplies/ scarcity cost consequences (safety, pollution)
38
the quantity of something that producers have available for sale
Supply
39
the quantity that consumers are willing and able to buy
Demand
40
where is energy consumption the greatest in
north america
41
what are problems with abondance of reserves
wars, no will to change
42
where is coal aboundant
US russia and china
43
where is natural gas abundent
saudi arabia, russia, and US
44
pros of fossil fuels
cheap, reliable, abundent, efficient
45
where is coal used a lot in
the developing world
46
a supply of energy remaining in deposits that have been discovered
Proven reserves-
47
which two fossil fuels are running out the fastest
natural gas and oil
48
a supply of energy that is undiscovered but thought to exist.
Potential reserves
49
cons of nuclear energy (fission)
dangerous and toxic waste products high cost
50
where do countries that depend on nulcear energy cluster
europe
51
cons of biomass
inefficiency, food in tank, enviromental concerns
52
what is the leading source of renewable energy in both developed and developing regins
hydroelectric power
53
who made the core-periphery model
Immanuel Wallerstein
54
what is the core-periphery model
a model that shows how the countries above 30 degrees latitude are the "core" countries which are developed. below is the sei-periphery which is a boundary. and perifpher is the developing counties
55
the percentage of women holding full-time jobs outside the home.
female Labor Force Participation Rate
56
what is reproductive health based on (2)
adolecent fertility rate, maternal mortality rate,
57
where does Money for infrastructure in developing countries can come from
loans
58
which path to development is slow, requires protection, encourages domestic production of goods, has equal pay
self-sufficiency
59
describe the international trade path to development
taps into world economy, open to internaltional trade, more popular path
60
states that each country is in one of the five stages of development
Rostow’s international trade model
61
what are the 5 stages in order of Rostow’s international trade model
traditional society, preconditions for takeoff, takeofff, drive to maturity, age of mass consumption
62
describe traditional society stage
high number of people in primary jobs, money in the military, and no infrastructure
63
describe preconditions for takeoff
investment in new technology and infrastruce, icreasing productivity, mostly people still in primary jobs
64
describe takeoff stage
rapid growth in industries and techonological advances, reapid grown in secondary jobs
65
describe drive to maturity
more skilled work and modern technology, skilled workers are brought in, rapidly growing number of people in teritaty sector
66
describe age o mass consumption stage
shrift to consumer goods and from manufacturing, vast majority of people in tertiary sector
67
what are cons of international trade
uneven resouce distributions, increase dependence on developed countries,market decline, people are left behind
68
cons of self-sufficiency
protection of inefficient business, large bureaucracy, inefficient industries, lack of competitiveness, corruption, black market
69
when was the international monetary fundation and the world bank created
after WWII
70
what are challenges in developing countries with money
world bank and IMF fear granting money with fear of debts
71
challenges with money in developed countiees
bad loans in housing which lead to housing decline in value,