APHUG 7.1-7.3

industrial revolution, sectors of economy, women and economic development

What was the industrial revolution?

event during the 1800s where society shifted from agriculture to industrial/manufacturing civilization as a result of new technologies and availability of resources

What is industrialization?

process where countries evolve from agriculture to manufacturing

What contributed to the rise of colonialism and imperialism?

Investors search for more raw materials and new markets.

Primary sector

extracting raw materials or harvesting food products (mining, forestry, hunting, etc.)

secondary sector

manufacturing and processing raw materials into finished goods.

teritary sector

providing services (health, education, stores)

quaternary sector

finance, insurance, computer services

quinary sector

scientific research, higher education, government.

CORE/MDC

economic power which control and benefit from global market

SEMI-PERIPHERY/NIC

countries that are in transition from developing to developed status, often with growing industrialization

PERIPHERY/LDC

countries that are least developed, often reliant on agriculture and primary industries and dependent on corenations for trade and support.

Define HDI

Human development index measures a country's average achievements in health, education, and income.

Define GDP

Gross domestic product - total value of goods and services produced within a country over a specific period, typically one year.

Define GII

Gender inequality index - a measure that evaluates the disparities between men and women in reproductive health, empowerment, and the labor market.

Define literacy rate

the percentage of people who can read and write in a given population.

Define labor force breakdown

Analysis of composition of the workforce by demographic factors

Define life expectancy

The average number of years a person is predicted to live.

Define GNP

Gross national product = Total value of goods and services + new income + foreign investment

Define GNI

Total value of goods and services + new income + foreign investment MINUS dividend payments and indirect business taxes, divided by the population.