This StudyStack covers Human Geography Unit 6: Ch. 10 vocabulary.
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Gross National Product (GNP) | show 🗑
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Gross Domestic Product (GDP) | show 🗑
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show | A measurement of a country's wealth that includes the total value of all goods and services produced within the borders of a country, plus income received from investments outside of the country in a year.
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Per capita GNI | show 🗑
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Formal economy | show 🗑
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Informal economy | show 🗑
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Digital divide | show 🗑
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Dependency ratio | show 🗑
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show | Agenda agreed to by member countries of the United Nations to improve peoples' lives across several human conditions, including education, environment, political liberty, poverty, and inequality.
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show | Theory that countries follow the same path along stages of development. Developed by economist Walter Rostow.
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show | The physical and human geographies creating the place, environment, and space in which events occur and people act.
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show | Economic and financial policies that give higher income countries and organizations control over lower income countries.
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show | Theories based on the idea that difficult-to-change, large-scale economic arrangements shape what is possible for a country.
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show | Andre Gunder Frank's theory that wealthy countries set up exploitative economic relations whereby lower income countries became dependent on wealthy countries, who in turn benefit economically.
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show | When one country abandons their local currency and officially adopts the currency of another country.
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World Systems Theory | show 🗑
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Three tier structure | show 🗑
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show | Places in the world economy where core processes dominate.
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show | Places in the world economy where periphery processes dominate.
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show | Places where core and periphery processes are both occurring; places that are exploited by the core but in turn exploit the periphery.
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Commodity chain | show 🗑
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Break of bulk point | show 🗑
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Structural adjustment loans | show 🗑
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show | Agreement among international financial institutions that policies opening markets in lower income countries would lead to economic development.
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show | Policies based on the economic theory that government should not intervene in markets.
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Trafficking | show 🗑
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show | Foreign-owned factories in Mexico where low-range workers assemble imported components and raw materials into finished products for export.
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Desertification | show 🗑
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Islands of development | show 🗑
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show | Privately funded institutions that aid in development and relief work.
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show | Practice of giving small loans to individuals, who operate within a community of other borrowers, to start businesses and cottage enterprises.
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