Term
|
Definition
Imaginary line separating MDC's in North hemisphere from LDC's in South hemisphere.
Example- Borders between Africa and Europe. |
|
|
Term
|
Definition
|
|
Term
|
Definition
Process of improvement in material conditions of people through diffusion of knowledge/technology.
Example-Britain has undergone more development than Ethiopia. |
|
|
Term
|
Definition
A country at an early stage in the process of economic development.
Example-Sudan. |
|
|
Term
|
Definition
Increase in standard of living in a nation's population with sustained growth.
Example-China is at a lower stage than Italy. |
|
|
Term
|
Definition
|
|
Term
|
Definition
The value of total output of goods and services in a given time,usually a year.
Example- LDC's tend to have smaller GDP's than MDC's. |
|
|
Term
|
Definition
Compares the ability of women and men to participate in economic and political decision making.
Example-LDC's score lower on GEM than MDC's |
|
|
Term
|
Definition
Indicator of level of development for each country, constructed by United Nations, combining income,literacy,education,etc.
Example- Ability to compare progress between developing countries. |
|
|
Term
|
Definition
A country at a relatively early age in the process of economic development.
Example- Mali. |
|
|
Term
|
Definition
Percentage of a country's adults who can read and write.
Example- Belize 17% |
|
|
Term
|
Definition
A country that progressed far along a continuum of development.
Example-France. |
|
|
Term
|
Definition
Control by a powerful country of its former colonies by economic pressures.
Example- Commonwealth of Nations countries economically pressured to cooperate with the UK. |
|
|
Term
|
Definition
Portion of economy concerned with direct extraction of materials from Earth's surface.
Example- Farming is part of the sector. |
|
|
Term
|
Definition
Value of a particular product compared to the amount of labor needed to make it.
Example-A computer is more valuable than silicon, plastic, and metal, rendering its manufacture very productive. |
|
|
