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Chapter 10

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Term
Definition
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 values 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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show The Gross National Income (GNI) of a given country divided by its population.  
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Formal economy   show
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show Portion of the economy that is not taxed or regulated by government. Goods and services are exchanged based on barter or cash systems, and earnings are not reported to government.  
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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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Modernization Model   show
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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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Neocolonialism   show
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Structuralist Theory   show
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show Andre gender 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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Dollarization   show
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show Theory originated by Immanuel Wallerstein hand illuminated by his three-tier structure, proposing that social change in and economic wealth in the periphery is inextricably linked to the core.  
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Three tier structure   show
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Core   show
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show Places in the world economy where periphery processes dominate.  
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Semi-Periphery   show
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show Steps in the production of a good from its design and raw materials to its production, marketing ,a Dan distribution.  
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show A place where good are transferred from one form of transport to another. For example, in a port, cargoes of ships are unloaded and put on trains, trucks , or riverboats for inland distribution.  
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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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Maquiladora   show
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show Spread of desert like conditions to semiarid lands due to overuse or misuse of land and water resources.  
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Islands of development   show
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Non-governmental Organizations (NGO)   show
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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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Created by: Zining Cheng
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