Chapter 10 Vocab.
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| show | A measurement of a country’s wealth that includes the total value of all goods and services produced by residents of a country, including domestic and foreign production, in a year.
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| show | A measurement of a country’s wealth that includes the total value of all goods and services produced within a country in a year.
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| Gross National Income (GNI) | show 🗑
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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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| Informal economy | show 🗑
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| Digital divide | show 🗑
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| Dependency ratio | show 🗑
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| Sustainable Development Goals | show 🗑
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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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| Context | show 🗑
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| Neocolonialism | show 🗑
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| Structuralist Theory | show 🗑
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| Dependency theory | show 🗑
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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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| show | Division of the world economy into the core, periphery, and semiperiphery according to Immanuel Wallerstein’s world-systems theory.
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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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| show | A set of requirements to open markets, privatize industries, and allow foreign direct investment in developing countries in exchange for loans from international financial institutions.
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| Washington Consensus | show 🗑
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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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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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