AP Human Unit 10 Flashcards

7768161389	World Trade Organization	International organization that regulates international trade	0
7768161390	Foreign direct investment	Investment made by a foreign company in the economy of another country.	1
7768161391	OPEC	A group consisting of 12 of the worlds major oil-exporting nations	2
7768161392	Breeder Reactor	A nuclear power plant that creates its own fuel from plutonium	3
7768161393	World Bank	A major international lending agency for development projects based in Washington.	4
7768161394	International Monetary Fund	Global organization working to secure financial security	5
7768161395	Micro finance	Financial services like savings accounts	6
7768161396	Fair trade	trade in which fair prices are paid to producers in developing countries.	7
7768161397	Potential Reserves	Estimate of the amount of oil that can be extracted	8
7768161398	Fracking	Extraction of natural gas through hydraulic fracturing	9
7768161399	Demand	The quantity of something that consumers are willing and able to buy	10
7768161400	Supply	The quantity of something that producers have available for sale	11
7768161401	renewable resource	A natural resource that can be replaced at the same rate at which the resource is consumed	12
7768161402	Non Renewable Resources	a resource that cannot be reused or replaced easily (ex. gems, iron, copper, fossil fuels)	13
7768161403	GNI	Gross National Income	14
7768161404	PPP	Purchasing Power Parity	15
7768161405	Productivity	The value of a particular product compared to the amount of labor needed to make it.	16
7768161406	Value Added	the market value a firm adds to a product	17
7768161407	Consumer goods	physical products purchased by consumers for personal use	18
7768161408	Gender Inequality Index	A measure of the extent of each country's gender inequality	19
7768161409	Solar Energy	energy that comes from the sun	20
7768161410	Inequality-Adjusted HDI	Two countries with 2 different achievements can have the same IHDI	21
7768161411	Female Labor Force	The women that are working in the working class	22
7768161412	Participation Rate	Measure of the active portion of an economys labor force	23
7768161413	Maternal Mortality Rate	Number of deaths per thousand of women giving birth.	24
7768161414	Adolescent Fertility	The fertility rate for the girls form 15-19	25
7768161415	Empowerment	Giving more responsibility to workers further down the chain of command in a hierarchy	26
7768161416	Brandt Line	divides the more developed north from the less developed south	27
7768161417	Dependency Theory	The theory that resources flow from LDCs to MDCs	28
7768161418	Developing country	A country that has low industrial production and little modern technology	29
7768161419	Economic indicators	statistics that measure variables in the economy	30
7768161420	Economic development	The improvement of living standards by economic growth.	31
7768161421	Gross national product	The market value of all the products produced in a year	32
7768161422	HDI	Human Development Index	33
7768161423	LDC	Less developed countries	34
7768161424	Literacy rate	The percentage of the population that can read and write	35
7768161425	Market-orientation	A company philosophy focused on meeting the needs of its customers	36
7768161426	MDC	more developed country	37
7768161427	Neo-colonialism	The use of pressures to control other countries	38
7768161428	Primary sector	The part of the economy that draws raw materials from the natural environment	39
7768161430	Quaternary sector	The knowledge section of the economy	40
7768161431	Rostow's Modernization Model	Each stage is a function of productivity and economical growth	41
7768161432	Secondary sector	The processing of raw materials	42
7768161433	Subsistence economy	A economy that relies on natural resources	43
7768161434	Sustainable development	economic development that is conducted without depletion of natural resources.	44
7768161435	Tertiary sector	A sector of the economy that concentrates on the provision of services	45