Terms : Hide Images
| 351215338 | Commodity Chain | Series of links connecting the many places of production and distribution and resulting in a commodity that is then exchanged on the world market | |
| 351215339 | Developing | Progress is being made in technology, production, and socioeconomic welfare | |
| 351215340 | Gross national product (GNP) | Measure of the total value of the officially recorded goods and services produced by the citizens and corporations of a country in a given year | |
| 351215341 | Gross domestic product (GDP) | Goods and services produced within a country during a given year | |
| 351215342 | Per capita GNI | National income divided by the population of the country | |
| 351215343 | Formal economy | The legal economy that governments tax and monitor | |
| 351215344 | Informal economy | The illegal or uncounted economy that governments do not tax and keep track of | |
| 351215345 | Modernization model | Model of economic development most closely associated with the work of economist Walter Rostow | |
| 351215346 | Neo-colonialism | Major world powers control the economies of the poorer countries, even though the poorer countries are now politically independent | |
| 351215347 | Structuralist theory | Economic disparities are built into system - people built, organized, and structured the world economy in a certain way that cannot be changed easily | |
| 351215348 | Dependency theory | Political and economic relationships between countries and regions of the world control and limit the economic development possibilities of poorer areas | |
| 351215349 | Dollarization | A countries currency was abandoned in favor of the dollar | |
| 351215350 | World systems theory | Immanual Wallerstein's theory that social change in the developing world is inextricably linked to the economic activities of the developed world | |
| 351215351 | Three-tier structure | Division of the world, core, periphery, and semi-periphery, helps explain the interconnections between places in the global economy | |
| 351215352 | Trafficking | Family sends a child or an adult to a labor recruiter in hopes that the labor recruiter will send money and the member will earn money to send home | |
| 351215353 | Structural adjustment loans | Loans granted by international financial institutions to countries in the periphery and the semi-periphery in exchange for certain economic and governmental reforms | |
| 351215354 | Vectored diseases | Diseases spread by one host to another by an intermediate host or vector | |
| 351215355 | Malaria | Infectious disease spread by mosquitos that carry the parasite in their saliva | |
| 351215356 | Export processing zones (EPZs) | Offer favorable tax, regulatory, and trade arrangements to foreign firms | |
| 351215357 | Maquiladoras | Zones in northern Mexico with factories supplying manufactored goods to the U.S. market | |
| 351215358 | North American Free Trade Agreement (NAFTA) | Promoted further industrialization of the border region | |
| 351215359 | Desertification | Encroachment of desert conditions on moister zones along the desert margins, where plant cover and soils are threatened by desiccation | |
| 351215360 | Island of development | Governments build up and concentrates economic development in a certain city | |
| 351215361 | Nongovernmental organizations (NGOs) | International organizations that operate outside of the formal political area but that are nevertheless influential in spearheading initiative | |
| 351215362 | Microcredit program | Give loans to poor people, particularly women, to encourage development of small businesses | |
| 351215363 | Gross national income (GNI) | Calculates the monetary worth of what is produced within a country plus income received from investments outside the country | |
| 351215364 | Context | Geographical situation in which something occurs | |
| 351215365 | Special economic zones | Specific area with a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment |
