Flashcards in Chapter 9 Quiz/ Key Issue 1 Deck (23):
What is the second world?
Communist/ USSR allies
What is the third world?
Pretty much everyone else
Who created HDI and what does it stand for?
Created by the UN to rank countries- stands for Human Development Index
What is the country with the highest HDI in the world?
Norway (at .94)
What is the country with the lowest HDI?
The Democratic Republic of the Congo (.340)
Where are the highest HDIs usually found?
In Western Europe, North America, and Australia
How many of the 32 lowest ranking countries are in Sub-Saharan Africa?
30 out of the 32 lowest countries
What are the 3 ways in which HDI is measured?
GDP (gross domestic product), literacy rate and amount of education, and life expectancy
What is the first world?
Western-style democracies/ US allies
What is the GDP?
The total output of a country's goods and services in one year
What do developed countries typically devote their resources to?
Schools, hospitals, welfare services, and infrastructure
What does a well-educated and healthy population do to a country's economy?
The country is more economically productive and has a better standard of living
Where are the highest literacy rates?
Western Europe + Taiwan + Singapore
Where are the lowest literacy rates?
Sub-Saharan Africa, Afganistan
What is the country with the highest life expectancy?
Monaco- 90 years
What is the country with the lowest life expectancy?
Chad- 48 years
What is the Brandt Line (1980)?
It's a fictional line separating more developed, wealthy northern countries and poorer, less developed countries in the south. States that rich countries should help the poor though equal trade and investment.
What countries have begun to defy the Brandt Line?
Most of South America, China, Mexico, Saudi Arabia, etc
What is the primary sector of the economy?
Raw materials (mining, forestry, agriculture, etc). Common in LDCs- labor intensive but not very economically productive.
What is the secondary sector of the economy?
Processing and manufacturing (the transformation of raw materials). Developing countries + some MDCs. Ex: China, India, Mexico, etc.
What is the tertiary sector of the economy?
Services (sales, stores, banking, restaurants, etc). These jobs require some training but not higher education. MDCs- Ex: US, EU, Japan.
What is the quaternary sector of the economy?
Highly educated workforce (Doctors, lawyers, teachers, engineers, etc). MDCs/ late stage 3, stages 4 +5