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Human Geography

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Term
Definition
show measure of the total value of the officially recorded goods and services produced by residents of a country in a given year.  
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show includes only goods and services produced within a country during a given year.  
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Gross national income (GNI)   show
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Per capital 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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Sustainable Development Goals   show
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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 holds that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of lower income areas.  
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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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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.  
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Commodity chain   show
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show where goods traded on one mode of transport, camel, were transported to another mode of transport, boat.  
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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 a variant of the neoclassical economic idea that government intervention into markets is both inefficient and undesirable.  
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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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show When a government or corporation builds up and concentrates economic development in a certain city or small region  
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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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Created by: kayla.giset
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