AP Human Geography Chapter 9- Development
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| Development | A process of imporement in the material conditions of people through diffusion of knowledge and technology.
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| Gross Domestic Product (GDP) | The calue of the total ouput of goods and services produced in a country in a given time perisod (normaly one year).
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| Less Developed Country (LDC) | Also known as a developing country, a country that is at a relatively early stage in the process of economic development.
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| Literacy Rate | The percentage of a country's people who can read and write.
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| More Developed Country | A country that has procgressed relatively far along a continuum of development.
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| Primary Sector | THe portion of the economy concerned with the direct extraction of materials from Eath's surface, generally through agriculutre, alothough sometimes by mining, fishing, and forestry.
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| Productivity | The value of a particular product compared tot he amount of labor needed to make it.
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| Secondary Sector | The portion of the economy conerned with manufacturing useful products throu processing, transforming, and assembling raw materials.
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| Structural Adjustment Program | Economic policies imposed on less developed counries by international agencies to create conditions encouraing international trade, such as raising taxes, reducing government spending, controlling inflation and other things...
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| Teritary Secor | The portion of the economy concerned with transportation, communications, and utilities, sometiems extended to the provision of all goods and services to people in exchange for payment.
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| Value Added | The gross value of the product minus the costs of raw materials and energy.
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