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Flashcards in Chapter 9 Deck (33)
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1
Q

The process of improving

A

Development

2
Q

When a poor country ties the value of its currency to that of a wealthier country

A

Dollarization

3
Q

The legal economy that to governments tax and monitor

A

Formal economy

4
Q

Created by the United Nations in compares the ability of men and women to participate in economic and political decision-making

A

Gender empowerment index

5
Q

Created by the United Nations and compares the level of development of women with that of both sexes

A

Gender related development Index

6
Q

The value of the total value of goods and services produced in a country during the year

A

Gross domestic product

7
Q

The monetary worth of what is produced within a country plus income received from investments outside the country

A

Gross national income

8
Q

The total value of all goods and services produced by a country’s economy in a given year

A

Gross national product

9
Q

Created by the United Nations and recognizes that a country’s level of development is a function of economic, social, and it demographic factors

A

Human development Index

10
Q

The illegal or uncounted economy that governments do not tax and keep track of

A

Informal economy

11
Q

Place built up by a government or corporation to attract foreign investments

A

Island of development

12
Q

A country in the earlier stages of development continuum

A

Less developed country

13
Q

The percentage of countries population you can read and write

A

Literacy rate

14
Q

Vectored disease spread by mosquitoes that carry the parasite in the saliva

A

Malaria

15
Q

Zones in northern Mexico with the factory supplying manufactured goods to the US market

A

MAQUILADORAS

16
Q

Program that provides small loans to poor people

A

Microcredit program

17
Q

A country that has progressed more along development continuum

A

More developed country

18
Q

The status that major world powers control the economies of the poor countries in the world

A

Neo colonialism

19
Q

International organizations operate outside of the formal political over enough that are never the less influential in spearheading international initiatives on social, economic, and environmental issues

A

Nongovernmental organizations

20
Q

Working it involves directly extracting materials from the earth

A

Primary sector

21
Q

The value of a particular product compared to the amount of labor needed to make it

A

Productivity

22
Q

The portion of the economy concerned with manufacturing useful products through processing transforming and assembling raw materials

A

Secondary sector

23
Q

Specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business advisement

A

Special economic zones

24
Q

Economic policies imposed on less developed countries by international agencies to create conditions incurring international trade

A

Structural adjustment program

25
Q

A general term for a model of economic development that treats economic disparities among countries or regions as a result of historically derived power relations with in the global economic system

A

Structuralist history

26
Q

With reference to Emmanuel Wallerstein’s world systems theory

A

Three tier structure

27
Q

When a family since a child or an adult to a labor recruiter in hopes of the labor recruiter will send money

A

Trafficking

28
Q

The gross value of a product minus the cost of raw materials and energy to produce a product

A

Value added

29
Q

A disease carried from one house to another by an intermediate host such as a mosquito

A

Vectored disease

30
Q

Thierry originated by Emmanuel Wallerstein and illuminated by his three tier structure

A

World systems theory

31
Q

A model of the economic development that maintains that all countries go through five interrelated stages of development

A

Modernization model ( Walt Rostow)

32
Q

Theory which holds that the political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poor areas

A

Dependency theory

33
Q

In many countries in the periphery and semi-periphery zones

A

Export processing zones