industry and development
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| show | a line that divides the North and the South. It shows the divide between the more developed regions and the less developed regions.
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| Human Development Index (HDI) | show 🗑
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| Gross National Income (GNI) | show 🗑
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| show | a measure of how many units of currency are needed in one country to buy the amount of goods and services that one unit of currency will buy in another country.
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| show | The value of the total output of goods and services produced in a country in a given time period (normally one year)
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| show | Farming, fishing, timber, and mining, jobs that extract natural resources from the environment ex: agriculture, fishing, mining
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| show | Factory jobs or manufacturing jobs.
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| Tertiary Sector | show 🗑
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| show | service sector industries concerned with the collection, processing, and manipulation of information and capital. Ex: research and development, skills and education, teachers
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| Quinary | show 🗑
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| Productivity | show 🗑
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| show | the ratio of students to teachers
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| Literacy Rate | show 🗑
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| show | a measure of statistical dispersion intended to represent the income distribution of a nation's residents, and is the most commonly used measure of inequality.
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| Gender Gap | show 🗑
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| Gender-related Development Index (GDI) | show 🗑
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| Gender Inequality Index (GII) | show 🗑
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| Female Labor Force Participation Rate | show 🗑
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| Maternal Mortality Rate | show 🗑
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| Adolescent Fertility Rate | show 🗑
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| Rostow’s Model | show 🗑
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| show | Traditional Society, based on subsistence farming and other jobs in the primary sector, this is not for profit.
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| stage 2 | show 🗑
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| show | Takeoff, industrialization takes place, infrastructure improves, there is financial investment and cultural change.
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| stage 4 | show 🗑
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| stage 5 | show 🗑
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| show | Provides assistance to countries having financial difficulty including inability to meet international payments, extreme inflation, instability, etc.
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| Wallerstein’s World Systems Theory | show 🗑
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| show | a good whose use is related to the use of an associated or paired good. Kind of like Oreos and Milk.
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| show | the ability of a firm or individual to produce goods and/or services at a lower opportunity cost than other firms or individuals.
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| show | Provision of small loans and other financial services to individuals and small businesses in developing countries.
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| show | form of tourism, based on the enjoyment of scenic areas or natural wonders, that aims to provide an experience of nature or culture in an environmentally sustainable way.
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| show | triangular model that emphasizes that firms seek a site of minimum transport and labor cost.
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| Outsourcing | show 🗑
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| Vertical Integration | show 🗑
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| show | an area in a country that is subject to unique economic regulations that differ from other regions of the same country. The SEZ regulations tend to be conducive to foreign direct investment
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| Export Processing Zones | show 🗑
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| Maquiladoras | show 🗑
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| show | no tariffs between countries, special zones in which all trade barriers between two countries are eliminated. The FTZs usually consist of labor intensive manufacturing plants, such as the maquiladoras.
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| Corporate Parks | show 🗑
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| Technopole | show 🗑
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| show | A group of neighboring countries that promote trade with each other and erect barriers to limit trade with other blocs.
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| show | industry in which the production of goods and services is based in homes (not factories)
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| show | Fuel that derives from burnt plant material and animal waste
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| show | An industry in which the final product weighs less or comprises a lower volume than the inputs, and example would be trees turning into toothpicks.
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| Bulk-gaining industry | show 🗑
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| show | a location, such as a city or an airport, where you can transfer goods from one mode of transportation to another with minimal costs. For example, at a sea port, you can transfer goods from a train to a ship in the same place.
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| show | made possible by efficient transportation and communication systems, whereby companies keep on hand just what they need for near-term production, planning that what they need for longer-term production will arrive when needed.
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| show | an industry that can be placed and located at any location without effect from factors such as resources or transport.
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| show | Theory which holds that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas.
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| Deindustrialization | show 🗑
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| European Union | show 🗑
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| show | an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
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| show | South American organization whose purpose is to expand trade, improve transportation, and reduce tariffs among member countries including Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay.
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| show | Organization of Petroleum Exporting Countries, its purpose is to control worldwide prices of gas.
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| show | Adoption by companies of flexible work rules, such as the allocation of workers to teams that perform a variety of tasks.
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| show | Form of mass production in which each worker is assigned one specific task to perform repeatedly.
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| Multiplier Effect | show 🗑
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