Chapter 10 vocab AP Flashcards
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| 9395484814 | Break-of-bulk location | A location where transfer is possible from one mode of transportation to another. | 0 | |
| 9395484815 | GNP (Gross National Product) | total dollar value of goods & services produced by a nation at home or away | 1 | |
| 9395484816 | GDP (Gross Domestic Product) | The total market value of all final goods and services produced annually in an economy | 2 | |
| 9395484817 | Per capita GNI | National income divided by the population of the country | 3 | |
| 9395484818 | Digital divide | A worldwide gap giving advantage to those with access to technology | 4 | |
| 9395484819 | Rostows modernization model | The model assumes that all countries follow a similar path to development | 5 | |
| 9395484820 | Dollarization | A countries currency was abandoned in favor of the dollar | 6 | |
| 9395484821 | wallersteins world systems theory | There is a world economic system in which some countries benefit while others are exploited | 7 | |
| 9395484822 | Structural adjustment loans | Type of loan to developing countries | 8 | |
| 9395484823 | Neoliberalism | a modified form of liberalism tending to favor free-market capitalism. | 9 | |
| 9395484824 | NAFTA (North American Free Trade Agreement) | Allows open trade between the US, Mexico, and Canada. | 10 | |
| 9395484825 | nongovernmental organizations (NGOs) | nonprofit groups that provide charitable services or promote social and environmental causes | 11 |