GCSE Geography - The Changing Economic World key terms 0.0 / 5 ? GeographyThe Changing Economic WorldGCSEAQA Created by: nickifinestCreated on: 01-04-19 14:14 Birth rate The number of births a year per 1000 of the total population 1 of 30 Business park An area of land occupied by a number of businesses 2 of 30 Death rate The number of deaths in a year per 1000 of the total population 3 of 30 Debt crisis When a country cannot pay its debts, often leading to calls to other countries for assistance. 4 of 30 De-industrialisation The decline of a country’s traditional manufacturing industry due to exhaustion of raw materials, loss of markets and overseas competition 5 of 30 Developmental aid Long-term support given by charities, governments and multilateral organisations 6 of 30 Development gap Difference in standards of living and wellbeing between the world’s richest and poorest countries 7 of 30 Displaced person A person forced to move from their home but who stays in their country of origin 8 of 30 Economic migrant A person who moves voluntarily to seek a better life 9 of 30 Emergency aid Usually follows a natural disaster, war or conflict 10 of 30 Emigrant A person who moves out of a country. 11 of 30 Globalisation The growth and spread of ideas around the world 12 of 30 Gross National Income (GNI) Measurement of economic activity calculated by dividing the gross (total) national income by the size of the population 13 of 30 Immigrant A person who moves into a country 14 of 30 Industrial structure Relative proportion of the workforce employed in different sectors of the economy 15 of 30 Infant mortality Number of babies that die under one year of age, per 1000 live births 16 of 30 Infrastructure The basic equipment and structures (such as roads, utilities, water supply and sewage) that are needed for a country or region to function properly 17 of 30 Life expectancy The average number of years a person is expected to live 18 of 30 Literacy rate Percentage of people in a country who have basic reading and writing skills 19 of 30 Loan The provision of money with agreed terms of repayment 20 of 30 Microfinance loans ery small loans which are given to people in LICs to help them start a small business 21 of 30 Migration When people move from one area to another; in many LICs people move from rural to urban areas 22 of 30 Newly Emerging Economy (NEE) Countries that have begun to experience high rates of economic development, usually along with rapid industrialisation 23 of 30 Quotas Limits on the quantity of goods that can be imported 24 of 30 Refugee A person forced to move from their country of origin often as a result of civil war or a natural disaster such as an earthquake 25 of 30 Science park A collection of scientific and technical knowledge based businesses located on a single site 26 of 30 Tariffs Taxes paid on imports. 27 of 30 Trade Buying and selling of goods and services between countries 28 of 30 Trading groups Countries which have grouped together to increase the level of trade between them by cutting tariffs and discouraging trade with non-members 29 of 30 Transnational corporations (TNC) A company that has operations (factories, offices, research and development, shops) in more than one country 30 of 30
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