AP Unit 6 Vocab.
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Created by:
Salter_Abby on April 14, 2010
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20 terms
Terms | Definitions |
|---|---|
 developed country | A modern, industrialized country in which people are generally better educated and healthier and live longer than people in developing countries do |
| developing country | A country that has low industrial production and little modern technology |
| development | Theact of improving by expanding, enlarging, or refining |
| Gross National Product | The total value of goods and services, including income received from abroad, produced by the residents of a country within a specific time period, usually one year |
| Liberal model | Model that states that all countries will all reach the same level of development |
| Modernization model | Model of economic development that shows that all countries go through five stages of development |
| neo colonialism | Old colonial countries (the core) still control other colonies (the periphery) through economics |
| peripheral region | Poorer regions that are dependent in significant ways on the core and do not have as much control over their own affairs |
| semi peripheral region | In between periphery and core regions, some what powerful |
| Structuralist model | A model that says all countires will never all be at the same level of development |
| World Systems Theory | Immanuel Wallerstein's theoretical approach which analyzes societies in terms of their position within global systems |
| globalization | The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world |
| Fordism | System of standardized mass production attributed to Henry Ford |
| foreign direct investment | Investment made by a foreign company usually in the economy of another country |
| high technology corridors | Areas alone or near major transportation arteries that are devoted to research, development, and sale of high technology products |
| manufacturing export zones | A new economic conentration that attracts manufacturing by offering tax, regulatory, and trade arrangements to foreign firms |
| new international division of labor | Transfer of some types of jobs, especially those requiring low-paid less skilled workers, from more developed to less developed countries |
| technopole | Centers or nodes of high-technology research and activity around which a high-technology corridor is sometimes established |
| time space compression | Through processes such as globalization, time is accelerated and the significance of space or distance is reduced |
| time space convergence | Idea that idstance between some places is actually shrinking as technology enables more rapid communication and increased interaction between those places |
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