Ch 31 -Strategies to promote economic growth and economic development 

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CCTs

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15 Terms

1

CCTs

________ do not create jobs, but they permit children more access to healthcare and education.

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2

Non governmental organisations

________: have a major role in promoting economic growth and economic development.

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3

Deregulation

________: governments have placed many regulations on the operations of businesses which increases cost of production and reducing output in the economy.

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4

Privatisation

________: sale of public government- owned firms to the private sector.

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5

Microfinance

________: a financial service that is geared specifically to the poor.

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6

Merit goods

________: provide many external benefit.

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7

Humanitarian aid

________: is given to save lives and alleviate suffering in response to emergencies such as natural or human made cruises.

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8

Empowerment

________ is the process by which women gain power and control over their own lives and have the ability to make strategic changes /choices.

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9

Social enterprises

________: are organisations that have specific social objects as their primary goal.

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10

Development aid

________: is given by governments and nonprofit organisations to alleviate systemic poverty and promote the social, environmental or political development in recipient countries.

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11

Trade liberalisation

________: removal of trade barriers that block the free trade of goods and services between countries.

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12

Export promotion

Outward oriented growth strategy based on openness and increased international trade

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13

Economic integration

Developing countries have been involved in many preferential access schemes and regional free-trade agreements

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14

Trade liberalisation

removal of trade barriers that block the free trade of goods and services between countries

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15

Privatisation

  1. sale of public government-owned firms to the private sector

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