Flashcards: Grade 7 WAB: The Geography of My Stuff
All 24 terms
Terms | Definitions |
|---|---|
 Human Development Index (HDI) | A measure of well-being based on life expectancy, adult literacy, school enrollments and GNP. |
| consumption | The purchase and use of goods and services. |
| sustainable development | Development that meets the needs of the present without compromising the ability of future generations to meet their own needs. |
| exploitation | Making a profit from the labor (work) of others without paying them a fair wage. |
| over-consumption | Buying and using more products and services than people need. |
| MEDC | More Economically Developed Country; one of the richer countries. |
| LEDC | Less Economically Developed Country; one of the poorer countries. |
| advertising | A message to persuade consumers to purchase a particular product or service. |
| global | Worldwide; involving the entire world. |
| ethical | Having to do with morals, values, right and wrong. |
| trade union | An association of workers formed to gain higher wages and better working conditions. |
| transnational | A very large company with offices or factories in several countries. |
| export | To sell, commodities (goods or services) to another country. |
| fair trade | A system of trade where the people who grow the crops used in a product are given a fair price for their goods. |
| globalization | The process in which countries are increasingly linked to each other through trade and culture. |
| free trade | Trade between countries without quotas, tariffs, or other restrictions. |
| Gross National Product (GNP) | The total value of all goods and services produced by a country in one year. |
| retail | The selling of goods to consumers. |
| manufacture | Making products for sale. |
| poverty | Having little or no money and few or no possessions. |
| standard of living | The conditions in which people live, including their housing, employment and social services. |
| sweatshop | A factory where workers work long hours at low wages (often under unhealthy conditions) and are prevented from forming unions. |
| garment | A piece of clothing. |
| sustainable | Being able to continue into the future. |
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