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Developing or developed: North America
Developed
Developing or developed: Latin America
Developing
Developing or developed: Europe
Developed
Developing or developed: Southwest Asia & North Africa
Developing
Developing or developed: Sub-Saharan Africa
Developing
Developing or developed: Russia
Developed
Developing or developed: Central Asia
Developing
Developing or developed: South Asia
Developing
Developing or developed: East Asia (China & North Korea)
Developing
Developing or developed: Japan & South Korea
Developed
Developing or developed: Southeast Asia
Developing
Developing or developed: Oceania/South Pacific (Australia & New Zealand)
Developed
Developing or developed: low life expectancy at birth
Developing
Developing or developed: low natural increase rate
Developed
Developing or developed: high crude birth rate
Developing
Developing or developed: low total fertility rate
Developed
Developing or developed: high doubling time
Developed
Developing or developed: high infant mortality rate
Developing
Developing or developed: low maternal mortality rate
Developed
Developing or developed: high adolescent fertility rate
Developing
Developing or developed: high elderly dependency ratio; aging population
Developed
Developing or developed: high youth dependency; young age structure
Developing
Developing or developed: Stage 2 or 3 of the Demographic Transition
Developing
Developing or developed: Stage 4 or 5 of the Demographic Transition
Developed
Human Development Index (things that are true abt it)
One component is Gross National Income (GNI) per capita, with PPP adjustment.
One component is Expected Years of Schooling.
One component is Mean (Average) Years of Schooling.
One component is Life Expectancy.
Each of the components are directly correlated; however, they are not perfectly correlated. This means that while one component may be high, the other components may not be equally high as countries may be stronger in certain aspects of development than other aspects.
It seeks to holistically measure development in terms of access to a decent standard of living, access to knowledge, and potential for a long & healthy life.
Developing or developed: High Gross National Income (GNI) per capita
Developed
Developing or developed: High percentage of people employed in the primary sector
Developing
Developing or developed: High ownership of automobiles per 1,000 persons
Developed
Developing or developed: High average personal income
Developed
Developing or developed: Low Gross Domestic Product (GDP) per capita
Developing
Developing or developed: Low hourly wages
Developing
Developing or developed: Low percentage of employment in the tertiary sector
Developing
Developing or developed: High productivity (value of production compared to labor)
Developed
Primary/secondary/tertiary/quaternary: steel production
Secondary
Primary/secondary/tertiary/quaternary: automobile dealership
Tertiary
Primary/secondary/tertiary/quaternary: food processing
Secondary
Primary/secondary/tertiary/quaternary: automobile assembly
Secondary
Primary/secondary/tertiary/quaternary: corn farm
Primary
Primary/secondary/tertiary/quaternary: grocery store
Tertiary
Primary/secondary/tertiary/quaternary: agricultural chemical and seed research
Quaternary
Primary/secondary/tertiary/quaternary: iron ore mine
Primary
Primary/secondary/tertiary/quaternary: hair stylist
Tertiary
Primary/secondary/tertiary/quaternary: computer analyst
Quaternary
Primary/secondary/tertiary/quaternary: petroleum extraction
Primary
Primary/secondary/tertiary/quaternary: oil refining
Secondary
Primary/secondary/tertiary/quaternary: gas station
Tertiary
Use of economic, political, and cultural pressures to influence or control independent countries, often former dependencies
Neo-colonialism
Concept of a 3-tiered global economy in which wealthy countries enrich themselves by exploiting poorer countries
Immanuel Wallerstein's World System Theory
Notion that countries interaction in a global economy results in poorer countries relying on wealthier countries to fund development as the poorer countries ship raw materials to the wealthier ones
Dependency
Statistical measurement of the inequality of wealth distribution within a country
Gini coefficient
Core, Periphery, or Semi-periphery: Wealthiest, most powerful economically
Core
Core, Periphery, or Semi-periphery: Eastern Europe, Mexico, Brazil, South Africa, China, India, SE Asia, parts of SW Asia
Semi-periphery
Core, Periphery, or Semi-periphery: Source of most foreign investment and major transnational corporations
Core
Core, Periphery, or Semi-periphery: Typically supplies raw materials and cash crops (primary sector) in the global economy
Periphery
Core, Periphery, or Semi-periphery: Of moderate wealth and development, capable of exploiting some countries for resources while being exploited by others for low-cost production, according to Wallerstein
Semi-periphery
Core, Periphery, or Semi-periphery: Destination for many low-cost goods and raw materials produced and extracted from other parts of the World System
Core
Core, Periphery, or Semi-periphery: Typically supplies services (tertiary, quaternary, and quinary sectors) and high-value goods globally
Core
Core, Periphery, or Semi-periphery: Most of Africa, some of Asia and Latin America
Periphery
Core, Periphery, or Semi-periphery: Wallerstein viewed this part as exploiting the other 2 parts of the World System
Core
Core, Periphery, or Semi-periphery: Weakest economically, very little power or influence globally
Periphery
Core, Periphery, or Semi-periphery: U.S., Canada, Western Europe, Japan, Australia
Core
Core, Periphery, or Semi-periphery: Typically provides manufactured goods, often at a low cost with low-wage labor globally
Semi-periphery
Components of Gender Inequality Index (GII)
Percentage of women with a secondary school education
Percentage of seats in national legislature held by women
Adolescent Fertility Rate
Female Labor Force Participation Rate
Maternal Mortality Rate
Gender Inequality Index (GII) + things that are false abt it
Countries with lower HDIs always have higher GIIs, and vice versa.
The GII is computed using the same data as the HDI.
Rostow Model in order (from earliest to final)
Traditional Society → Pre-Conditions for Takeoff → Takeoff → Drive to Maturity → Age of Mass Consumption
Self-sufficiency or international trade: Enacting protective tariffs and limiting imports
Self-sufficiency
Self-sufficiency or international trade: Emphasizing certain sectors, resources, or economic activities for which the country has a comparative advantage and can export
International trade
Self-sufficiency or international trade: Sheltering and encouraging domestic businesses
Self-sufficiency
Self-sufficiency or international trade: Taking advantage of complementarity to sell goods or resources needed by others and import what others have that the country needs
International trade
Self-sufficiency or international trade: Engaging in deals and organizations to encourage the freer flow of goods, business, and money
International trade
Self-sufficiency or international trade: Producing own goods and extracting own resources for use within the country
Self-sufficiency
Self-sufficiency or international trade: Spreading investment equally throughout the country and across all economic sectors
Self-sufficiency
Self-sufficiency or international trade: Opening country up to foreign business investment and competition
International trade
Self-sufficiency or international trade: Central to the Rostow Model of development
International trade
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: United States
Age of Mass Consumption
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Ivory Coast (Cote d'Ivoire)
Pre-Conditions for Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Russia
Drive to Maturity
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Japan
Age of Mass Consumption
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Germany
Age of Mass Consumption
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: India
Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: China
Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Argentina
Drive to Maturity
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Malaysia
Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: United Arab Emirates
Drive to Maturity
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Mexico
Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Nepal
Pre-Conditions for Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Kenya
Pre-Conditions for Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: South Africa
Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Core countries in Wallerstein's World System
Age of Mass Consumption
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Peripheral countries in Wallerstein's World System
Pre-Conditions for Takeoff and possibly early Takeoff
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Semi-Peripheral countries in Wallerstein's World System
Takeoff and Drive to Maturity
Takeoff/Takeoff and Drive to Maturity/Pre-Conditions for Takeoff/Age of Mass Consumption/Drive to Maturity/Pre-Conditions for Takeoff and possibly early Takeoff: Industrializing countries or "newly industrialized countries"
Takeoff and Drive to Maturity
Which countries or territories is considered one of the 4 Asian Dragons (or 4 Asian Tigers) for their rapid development through trade beginning in the 1960s?
South Korea, Singapore, Hong Kong, Taiwan
NIKE opened a 200,000 square meter distribution facility in China in 2011. The facility will employ up to 1,500 workers.
foreign direct investment
Kenya produces roughly 400,000 metric tonnes of tea each year and exports over 90% of its production. The U.K. is the destination for about 10% of Kenya's tea, and Kenya is the leading provider of tea to the U.K. Many of the tea plantations are controlled by British companies.
neo-colonialism
FedEx is headquartered in Memphis, TN and has air distribution hubs in cities such as Memphis, Paris, Guangzhou, and Cologne.
transnational corporation
Latvia's economy was booming until the 2008 global economic crisis. Latvia significantly lowered government spending and cut public sector jobs to stabilize the economy.
austerity
A Bangladeshi woman received a $100 loan from BRAC to start a business making and selling hand-made garments.
microfinance
A country spends more money than it budgets in order to create jobs and business.
stimulus
The U.S. imports petroleum from Saudi Arabia, while Saudi Arabia imports aircraft, automobiles, and agricultural products from the U.S.
complementarity