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AP Human Geography: Development Flashcards

AP Human Geography

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9978705563DevelopmentA process of improvement in the material conditions of people through diffusion of knowledge and technology0
9978705564Fair 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
9978705565Foreign direct investment (FDI)Investment made by a foreign company in the economy of another country2
9978705566Gender Empowerment Measure (GEM)Compares the ability of women and men to participate in economic and political decision making.3
9978705567Gender-Related Development Index (GDI)Compares the level of development of women with that of both sexes.4
9978705568Gross 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
9978705569Human Development Index (HDI)Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy.6
9978705570Less Developed Country (LDC)A country that is at a relatively early stage in the process of economic development.7
9978705571Literacy RateThe percentage of a country's people who can read and write.8
9978705572Millennium Development GoalsEight international development goals that all members of the United Nations have agreed to achieve by 20159
9978705573More Developed Country (MDC)A country that has progressed relatively far along a continuum of development.10
9978705574Primary 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
9978705575ProductivityThe value of a particular product compared to the amount of labor needed to make it.12
9978705576Secondary sectorThe portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials.13
9978705577Structural 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
9978705578Tertiary 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
9978705579Transnational corporationA company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located.16
9978705580Value addedthe gross value of the product minus the costs of raw materials and energy.17

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