key words: THE CHANGING ECONOMIC WORLD

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  • Created by: SHB4
  • Created on: 02-06-17 14:47
development
how rich or poor a country is and the quality of life for people who live there. it is the progress of a country in terms of economic growth, use of tech and human welfare.
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development gap
difference in standards of living and well-being between the worlds richest and poorest countries.
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quality of life
teh standard of health, comfort and happiness experienced by an individual or group
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gross national income (GNI)
an economic measure of development using the world bank. the total value of goods and services produced by a country, plus money earned from and paid to other countries. expressed as capita (per head)
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human development index (HDI)
a social measure devised by the UN. a composite using 3 measures: life expectancy, number of years of education and GNI per head. score between 1 and 0~ 1 being the highest
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demographic transition model (DTM)
shows the changes over time in a country's population as it becomes more developed
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population structure
'make-up' or composition of a population. includes the number of males and females and their age groups. shown using a population pyramid
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population pyramid
shows number/ percentage of males and females (gender) in a particular country and their age group
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dependency ratio
proportion of people below (0-14 yrs) and above (+65) normal working age - calculated by adding the number for both groups, the dividing by the number aged 15-64 (working pop.) and x100.
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imbalance
means that something is one-sided or not equal
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inequalities
things are not equally shared so there are large difference between one group and another
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disparities
differences between different things or groups
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refugee
a person forced to move from their country of origin, often as result of war or natural disaster
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displaced person
a person forced to move from their home, but stays in their country of origin
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emigrant
a person who moves out of a country
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forced migration
when people have little or no choice about migrating (e.g. war, famine, natural hazards- called refugees)
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immigration
a person who moves into a country
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voluntary migration
when people decide to move for themselves (e.g. better quality of life)
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migration
the movement of people from place to another to live and to work
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economic migrant
a person who moves voluntarily to seek a better life, such as a better paid job.
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trade
buying and selling of goods and services between countries
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imports
goods or services bought in from another country
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exports
goods or services which are sold to another country
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emergency (short term aid)
this usually follows a natural disaster, war or conflict and often takes the form of food, water, medical supplies or shelter
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developmental (long term aid)
usually given by charities or government- it aims to improve resilience over long periods of time. it can involve providing safe drinking water (wells), improvements in education or infrastructure (roads, rail, energy, etc.)
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bilateral aid
aid from one country to another, (e.g. the UK to Ghana~which are often tied)
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multilateral aid
where richer governments give money to an international organisation such as the World Bank, which then redistributes the money as aid to other countries.
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tied aid
this is where aid may be given with certain conditions attached (e.g. that the recipient of the aid has to spend it on the donor country's products
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voluntary aid
money donated by the general public in richer countries is distributed by NGOs (charities) such as Oxfam, Comic Relief in poor parts of the world
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de-industralisation and the decline of traditional industries
the decline in manufacturing (secondary) industry and subsequent growth in tertiary and quaternary employment
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globalisation
the growth and spread of ideas around the world. involves the movement or spread of cultures, people, money, goods or information
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government policies
the ideas, rules and laws brought in by the government to try and influence or change the economy
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postindustrial economy
where the manufacturing industry declines to be replaced by growth in the services (tertiary) and quaternary sector
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science park
a group of scientific and technical knowledge-based businesses located on a single site. most are associated with universities. 75000 people work in UK's science parks
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business park
area of land occupied by a cluster of businesses. often located on edge of towns.
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infrastructure
the basic equipment and structures (roads, rail, utilities, water supply etc.) that are needed for a country or region to function properly
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Other cards in this set

Card 2

Front

difference in standards of living and well-being between the worlds richest and poorest countries.

Back

development gap

Card 3

Front

teh standard of health, comfort and happiness experienced by an individual or group

Back

Preview of the back of card 3

Card 4

Front

an economic measure of development using the world bank. the total value of goods and services produced by a country, plus money earned from and paid to other countries. expressed as capita (per head)

Back

Preview of the back of card 4

Card 5

Front

a social measure devised by the UN. a composite using 3 measures: life expectancy, number of years of education and GNI per head. score between 1 and 0~ 1 being the highest

Back

Preview of the back of card 5
View more cards

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