Development Flashcards

1
Q

What is development

A

Progress is being made in technology production and socio economic welfare

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2
Q

What’s GDP stand for

A

Gross domestic product

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3
Q

Total value of goods/services produced within a country

A

GDP

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4
Q

What does GNP stand for

A

Gross national product

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5
Q

Total value of goods and services produced in a country PLUS the goods and services produced by citizens / corporation of the country abroad

A

GNP

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6
Q

What does GNI stand for

A

Gross national income

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7
Q

Both GDP and GNP PLUS income from citizens investments abroad

A

GNI

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8
Q

What’s wrong with GDP, GNP, GNI?

A
  • per capita
  • implies even distribution of wealth
  • doesn’t include informal economy
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9
Q

What’s the informal economy

A

Cooking, laundry, services w value that the govt doesn’t monitor or regulate

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10
Q

3 factors of the Human development index

A
  1. GNI
  2. Education (avg years of expected schooling over expected years of schooling
  3. Infant mortality/ life expectancy
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11
Q

UN disaggregated HDI by:

A
Gender
Race
Age
Region
Income/wealth
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12
Q

Rostow’s model of modernization aka ____________

A

Ladder of development

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13
Q

What are the 5 parts of rostows model

A

Traditional- substinence farming

Preconditions for take off- progressive leadership(open to change, flexible not corrupt)

Take off- industrialization occurs

Drive to maturity- specialization which leads to international trade

High mass consumption- hmc and core processing

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14
Q

Wallersteins world systems theory

A
  1. World economy has one capitalist market and global division of labor
  2. All states must participate in the global market
  3. Market divided in 3 tiers- core periphery and semi periphery
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15
Q

Barriers to development

A
  1. Political instability
  2. Diseases
  3. Foreign debt
  4. Low levels of economic welfare
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16
Q

Industrial costs of development

A

Urbanization

Export processing costs

17
Q

Agricultural costs of development

A

Desertification
S saharan africa
Deforestation
Social cosrs- LDCs

18
Q

Tourism costs of development

A

LDC Jobs
Cultural appropriation
Tax dollars go to infrastructure for resorts

19
Q

Islands of development

A

Either corporate created or government created

20
Q

Examples of corporate created islands of development

A

Walmart
Microsoft
Mayo clinic

21
Q

Government created islands of development

A

Creating a new capital city(brazilia)

Southern states- lower taxes, lower wages, fewer regulations

22
Q

4 factors that influence industrial location

A
  1. Site - terrain climate resources
  2. Situation- accessibility
  3. Variable costs- energy labor transportation
  4. Friction of distance- distance decay model
23
Q

Alfred Weber’s least cost theory of industrial location

A
  1. Transportation
  2. Labor costs
  3. Agglomeration
24
Q

5 major means of transportation

A
Ships(cheapest)
Planes(most expensive)
Trains
Trucks(most used)
Pipelines
25
Q

What is agglomeration

A

When industries that need similar resources in the commodity chain locate near the supplies of that element

26
Q

Harold hotelling locational interdependence

A

Similar business will closer together to constrain competitors market distance doesn’t matter jn customer choice- product preferences does

27
Q

Christallers central place theory

A

Location of varying city sizes

28
Q

Threshold

A

Number of customers needee to support your industry

29
Q

Range

A

Distance customers will travel for your product

30
Q

Fordist production

A

Assembly line
Mass production
Where a product is assembled from start to finish in one location

31
Q

Post fordist production

A

Defined by production in multiple locations with a global division of labor

32
Q

What makes post fordist production possible

A
  1. Time space compression
  2. Global trade agreements
  3. Govt actions
  4. Energy costs
33
Q

Industrial regions pre 1950

A
S britain
Benelux
Belgium
Netherlands
Germany 
Poland
E ukraine 
Rustbelt(boston to Baltimore Minneapolis and st louis)