Terms : Hide Images
| 9640269286 | commodity chain | the linked sequence of operations from the design to the production and distribution of a good | 0 | |
| 9640275827 | break-of-bulk location | a location along a transport route where goods must be transferred from one carrier to another | 1 | |
| 9640277436 | GNP | Gross National Product - the sum of all goods and services produced in a nation in a year | 2 | |
| 9640277437 | GDP | Gross Domestic Product - the total value of goods produced and services provided in a country during one year. | 3 | |
| 9640284222 | GNI | Gross National Income - consists of GDP plus the net income earned from investments abroad | 4 | |
| 9640291289 | per capita GNI | The Gross National Product of a given country divided by its population. | 5 | |
| 9640296235 | formal economy | the legal economy that is taxed and monitored by a government and is included in a government's GNP | 6 | |
| 9640298578 | informal economy | transfers of money, goods, or services that are not reported to the government | 7 | |
| 9640300791 | digital divide | a worldwide gap giving advantage to those with access to technology | 8 | |
| 9640305101 | Millennium Development Goals | eight goals established by the UN in 2000 to foster development in a sustainable and equal manner by 2015 | 9 | |
| 9640310832 | modernization model | model of economic development maintains that all countries go through five stages of development | 10 | |
| 9640313393 | context | what happened and what is happening as a result of something | 11 | |
| 9640322290 | neocolonialism | A postcolonial system that perpetuates Western economic exploitation in former colonial territories. | 12 | |
| 9640325314 | structuralist theory | difficult-to-change, large-scale economic arrangements shape what can happen in fundamental ways | 13 | |
| 9640327823 | dependency theory | the belief that development in some areas of the world locks other nations into underdevelopment | 14 | |
| 9640333676 | dollarization | economic strategy that has a country adopting U.S. dollar as its official currency | 15 | |
| 9640336728 | world-systems theory | theory by Immanuel Wallerstein that world is split into core, periphery, and semi-periphery | 16 | |
| 9640340037 | three-tier structure | in which Wallerstein divided the world, the core, the periphery, and the semi-periphery | 17 | |
| 9640342841 | trafficking | trading illegally | 18 | |
| 9640346634 | structural adjustment loans | loans to countries in exchange for reforms in the economy or government | 19 | |
| 9640350081 | neoliberalism | an ideological tendency that favors liberal democracy and market-led development | 20 | |
| 9640355769 | export processing zones | small areas within countries which provide favorable conditions created for foreign investment | 21 | |
| 9640358104 | maquiladoras | special factories in Mexico owned mainly by American companies; EPZs | 22 | |
| 9640364504 | special economic zones | areas of a country with different economic regulations designed to attract direct foreign investment | 23 | |
| 9640367514 | NAFTA | North American Free Trade Agreement; allows open trade with US, Mexico, and Canada. | 24 | |
| 9640369128 | desertification | lower land productivity caused by overfarming, overgrazing, seasonal drought, and climate change | 25 | |
| 9640375483 | island of development | when a government or corporation builds up and concentrates economic development in a certain city | 26 | |
| 9640378723 | NGOs | intl organization dedicated to investigating human rights violations and providing humanitarian aid | 27 | |
| 9640381421 | microcredit programs | loans to the poor, particularly women, to encourage development of small businesses | 28 |
