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What is the Human Development Index?
The health of an individual.
A set of statistics or numbers that rank countries by their development.
The country a person lives in,
The number of preventable diseases in a country.
model of economic and social development that explains global inequality in terms of the historical exploitation of poor nations by rich nations
World Systems Theory
How would you describe a More Developed Country?
Low-income countries characterized by little industry
A country that has a developed economy with advanced technological infrastructure relative to other less industrialized nations
A country that has started to industrialize
How would you describe a newly industrialized country?
A country characterized by large industrial and service sectors with high levels of gross national product
A country that has begun transitioning from primarily agricultural to primarily manufacturing and industrial activity
A country that is characterized by agriculture and they barter instead of use money
How would you describe a Less Developed Country?
A country that has begun transitioning from primarily agricultural to primarily manufacturing
Also known as a developing country, a country that is at a relatively early stage in the process of economic development.
A country characterized by high income per person
What are the 3 statistics that create HDI (Human Development Index)?
GDP per capita
all of the above
What is GDP, and what does it stand for?
Gross Domestic Product. Only measures what is produced in the country itself.
Gross National Product. Indicates the value of all goods and services produced by a country over a period of time, whether foreign or domestic.
Gross Nations Produce. All of the food that is grown in a nation
None of the above
The above chart describes examples of which level of economic activity?
or value of goods or services produced by one person by a company in another country.
or value of goods or services produced by one mom by a company in another country.
or value of goods or services produced by one country by a company in another country.
or value of goods or services produced by one teenager by a company in another country.
or areas where goods are sold without trade barriers such as tariffs.
or areas where goods are purchased without trade barriers such as tariffs.
or areas where goods are traded without trade barriers such as tariffs.
or areas where goods are traded without trade barriers such as taxes.
A country that has a High Literacy Rate (greater than about 95%)
More Developed Country
Less Developed Country
Newly Industrialized Country
Image above is an example of
Example of a bulk-reducing industry
Cell phone production
US workers that move to other countries for jobs
Mexican factories on the US border that are owned and operated by US companies
Mexican workers who enter the US legally on a work visa
Mexican and American workers who migrate to Canada for higher paying jobs
NAFTA and the US-Mexico-Canada Agreement
Eliminated many tariffs and trade barriers between the 3 countries
Increased tariffs on Chinese imports
Eliminated trade with the European Union