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Chapter 10

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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Term
Definition
Gross National Product (GNP)   show
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Gross Domestic Product (GDP)   show
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Gross National Income (GNI)   show
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Per Capita GNI   show
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show Economic productivity in agriculture, mining, industry, and services that is counted or taxed by government. Trade is through formal channels, often using credit.  
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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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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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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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Dependency Theory   show
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Dollarization   show
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show Theory originated by Immanuel Wallerstein and 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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show Division of the world economy into the core, periphery, and semiperiphery according to Immanuel Wallerstein’s world-systems theory.  
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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, and distribution.  
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Break of bulk point   show
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Structural Adjustment Loans   show
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Washington Consensus   show
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Neoliberalism   show
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show A form of forced migration in which organized criminal elements move people illegally from one place to another, typically either to work as involuntary laborers or to participate in the commercial sex trade.  
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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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show Spread of desert like conditions to semiarid lands due to overuse or misuse of land and water resources.  
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show Cities in developing regions where foreign investment is concentrated and to which rural migrants are drawn.  
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show Privately funded institutions that aid in development and relief work.  
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Microcredit Programs   show
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