Unit 2 Economic Development TEST

Regions

• An area with shared characteristics

• The North

• The Middle East

• All of the above

Brandt Line

• Invisible line, pattern of distribution of more developed countries above the line and less developed below the line.

• A line of toothpaste used in the Middle East

• An area which has shared characteristics

• A country which ranks high on the HDI scale.

Human Development Index

• An indicator of the level of development for each country, developed by the UN, that is based on income, literacy (reading and writing), education, and life expectancy.

• A measure of a country's economic output that accounts for its number of people

• Areas of the economy that operate outside of the control of governance.

Literacy Rate

• The percentage of a country's people who can read and write.

• An indicator constructed by the U.N. to measure the extent of each country's differing circumstances in terms of reproductive health, empowerment, and the labor market.

• Energy from a source that is not depleted.

Renewable Energy

• Energy from a source that is NOT depleted when used, such as wind or solar power.

• Coal

• Fossil Fuels

Core Regions

• Developed countries that dominate trade, control the most advanced technologies, and high levels of productivity, such as the U.S. Canada, and the United Kingdom

• Less developed countries

• Newly industrialized countries with medium standards of living such as, Chile, India, China, and Indonesia

Developed Regions

• North America

• Europe

• Parts of Asia

• All of the above

Formal sectors of the economy

• All jobs with normal hours and regular wages

• Areas of the economy that operate outside of the control of governance

Fossil Fuels

• Coal, Natural Gases, Oil

• Wind and solar power

Outsourcing

• business practice of hiring a party outside a company to perform services...cost-cutting measure. Ex: Apple, Nike, IBM

• A fishing technique used in developed countries.