Week 11 Lecture on Development and Agriculture

This set of flashcards covers key terms and concepts from the Week 11 lecture about development strategies and agricultural practices.

Self Sufficiency

An approach where countries produce everything they need themselves, discouraging reliance on imports.

International Trade

An approach where countries focus on what they have a comparative advantage in, specializing in that resource and trading for others.

Balanced Growth

Investing equally across all sectors of the economy to achieve self-sufficiency.

Tariff

A tax imposed on imports to make them more expensive, encouraging the purchase of domestically produced goods.

Four Dragons

A group of countries (South Korea, Singapore, Taiwan, and Hong Kong) that adopted international trade strategies to promote economic development.

Columbian Exchange

The transfer of plants, animals, people, and culture between the Western Hemisphere and Europe, Asia, and Africa after the year 1500.

Agricultural Revolution

The period when humans first domesticated plants and animals, leading to stable food sources and population growth.

Subsistence Agriculture

The production of food primarily for the consumption of the farmer's family, common in developing countries.

Commercial Agriculture

The production of food primarily for sale off the farm, typical in developed countries.

Crop Rotation

The practice of alternating the crops grown on a particular piece of land to maintain soil fertility and improve yields.

Sustainable Development Goals

A set of 17 goals adopted by the UN in 2015 to reduce disparities and promote social, economic, and environmental sustainability.

Hunter-Gatherers

Early human groups that subsisted by hunting, fishing, and gathering wild plants, typically living in small groups.