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.
Help!
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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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| Gross Domestic Product | 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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| Modernization model | show 🗑
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| Context | show 🗑
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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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| Structuralist theory | show 🗑
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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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| Dollarization | show 🗑
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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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| Periphery | show 🗑
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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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| show | Steps in the production of a good from its design and raw materials to its production, marketing, and distribution.
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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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| 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-wage 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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| Non-governmental organizations | 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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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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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.
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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