Unit 7 Vocab - INDUSTRIAL AND ECONOMIC DEVELOPMENT

Newly industrialized countries (NICs) like Brazil and Mexico are considered part of the 

• Core
• Periphery
• Semi-Periphery
• External

Whose development model consists of a 5 stage process that countries go through as they develop economically?

• Losch 
• Rostow 
• Wallerstein 
• Weber

Countries in _____ and _____ would likely have the highest rates of gender equality.

• North America: Western Europe 
• South America: Western Europe 
• North America: South America
• East Asia: South America

Which types of countries' economies rely primarily on primary economic activities?

• Core Countries
• NICs
• Semi-Periphery Countries
• Periphery Countries

Which region of the world has no core countries?

• North America
• Western Europe
• Oceania
• Sub-Saharan Africa

Economic activities that are taxed and monitored by the government and count towards the GDP and GNP

• Formal Economy
• Informal Economy

A well-educated and skilled population, lower NIR, access to health care, a higher GNI per capita, and lower levels of gender inequality are related to

• Core Countries
• Semi-Periphery Countries
• Periphery Countries
• NICs

Farming, mining, fishing, and forestry are all considered to be

• Primary Economic Activities
• Secondary Economic Activities
• Tertiary Economic Activities
• Quaternary Economic Activities

Created by Wallerstein to show that the world is interconnected and that we are all interdependent on each other.  Divides us into three tiers of economic prosperity.

• Dependency Theory
• Neo liberal counterrevolution
• structural adjustment loan
• World Systems theory

The United Nations created these to help reduce disparities between developed and developing countries

• Sustainability growth ideas

• Subsistence Agriculture

• Sustainable Development Goals

• Sucky Ideas that don't fix much