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AP Human Geography: Development Flashcards

AP Human Geography

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6139094701DevelopmentA process of improvement in the material conditions of people through diffusion of knowledge and technology0
6139094702Fair 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
6139094703Foreign direct investment (FDI)Investment made by a foreign company in the economy of another country2
6139094704Gender Empowerment Measure (GEM)Compares the ability of women and men to participate in economic and political decision making.3
6139094705Gender-Related Development Index (GDI)Compares the level of development of women with that of both sexes.4
6139094706Gross 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
6139094707Human Development Index (HDI)Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy.6
6139094708Less Developed Country (LDC)A country that is at a relatively early stage in the process of economic development.7
6139094709Literacy RateThe percentage of a country's people who can read and write.8
6139094710Millennium Development GoalsEight international development goals that all members of the United Nations have agreed to achieve by 20159
6139094711More Developed Country (MDC)A country that has progressed relatively far along a continuum of development.10
6139094712Primary 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
6139094713ProductivityThe value of a particular product compared to the amount of labor needed to make it.12
6139094714Secondary sectorThe portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.13
6139094715Structural 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
6139094716Tertiary 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
6139094717Transnational corporationA company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located.16
6139094718Value addedthe gross value of the product minus the costs of raw materials and energy.17

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