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AP Human Geography: Development Flashcards

AP Human Geography

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8307754961DevelopmentA process of improvement in the material conditions of people through diffusion of knowledge and technology0
8307754962Fair tradeAlternative to international trade that emphasizes small businesses and worker owned and democratically run cooperatives and requires employers to pay workers fair wages, permit union organizing, and comply with minimum environmental and safety standards.1
8307754963Foreign direct investment (FDI)Investment made by a foreign company in the economy of another country2
8307754964Gender Empowerment Measure (GEM)Compares the ability of women and men to participate in economic and political decision making.3
8307754965Gender-Related Development Index (GDI)Compares the level of development of women with that of both sexes.4
8307754966Gross domestic product (GDP)The value of the total output of goods and services produced in a country in a given time period (normally 1 year).5
8307754967Human Development Index (HDI)Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy.6
8307754968Less Developed Country (LDC)A country that is at a relatively early stage in the process of economic development.7
8307754969Literacy RateThe percentage of a country's people who can read and write.8
8307754970Millennium Development GoalsEight international development goals that all members of the United Nations have agreed to achieve by 20159
8307754971More Developed Country (MDC)A country that has progressed relatively far along a continuum of development.10
8307754972Primary sectorThe portion of the economy concerned with the direct extraction of materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.11
8307754973ProductivityThe value of a particular product compared to the amount of labor needed to make it.12
8307754974Secondary sectorThe portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.13
8307754975Structural adjustment programEconomic policies imposed on less developed countries by international agencies to create conditions encouraging international trade, such as raising taxes, reducing government spending, controlling inflation, selling publicly owned utilities to private corporations, and charging citizens more for services.14
8307754976Tertiary sectorThe portion of the economy concerned with transportation, communications, and utilities, sometimes extended to the provision of all goods and services to people in exchange for payment.15
8307754977Transnational corporationA company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located.16
8307754978Value addedthe gross value of the product minus the costs of raw materials and energy.17

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