Disparities in Wealth and Development Definitions

core
The core includes major world powers and the countries that contain much of the wealth of the planet. The 'core' consists of Europe (excluding Russia, Ukraine, and Belarus) , the United States, Canada, Australia, New Zealand, Japan, South Korea.
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periphery
The periphery are those countries that are not reaping the benefits of global wealth and globalization. The 'periphery' consists of the countries in the rest of the world: Africa, South America, Asia (excluding Japan and South Korea), and Russia.
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GNI
Gross National Income- The sum of a nation's gross domestic product (GDP) plus net income received from overseas.
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remittances
A remittance is a transfer of money by a foreign worker to an individual in his or her home country.
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infant mortality
the death of children under the age of one.
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human development index
A tool developed to measure and rank countries' levels of social and economic development based on four criteria: Life expectancy at birth, mean years of schooling, expected years of schooling and gross national income per capita.
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ethnicity
the fact or state of belonging to a social group that has a common national or cultural tradition.
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land ownership
Private ownership of land is an important factor in allowing people to grow food and generate income.
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millennium development goal
The Millennium Development Goals are eight international development goals that were established following the Millennium Summit of the United Nations in 2000.
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disparity
a great difference (in factors for example economic)
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market access
Market access for goods in the WTO means the conditions, tariff and non-tariff measures, agreed by members for the entry of specific goods into their markets
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debt relief
the partial or total remission of debts, especially those owed by developing countries to external creditors.
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aid
to provide support for or relief to;
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Card 2

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The periphery are those countries that are not reaping the benefits of global wealth and globalization. The 'periphery' consists of the countries in the rest of the world: Africa, South America, Asia (excluding Japan and South Korea), and Russia.

Back

periphery

Card 3

Front

Gross National Income- The sum of a nation's gross domestic product (GDP) plus net income received from overseas.

Back

Preview of the back of card 3

Card 4

Front

A remittance is a transfer of money by a foreign worker to an individual in his or her home country.

Back

Preview of the back of card 4

Card 5

Front

the death of children under the age of one.

Back

Preview of the back of card 5
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