Chapter 9 Vocabulary

5 Written Questions

1. THE GROSS VALUE OF THE PRODUCT MINUS THE COSTS OF RAW MATERIALS AND ENERGY
2. A COUNTRY THAT HAS PROGRESSED RELATIVELY FAR ALONG A CONTINUUM OF DEVELOPMENT
3. THE PERCENTAGE OF A COUNTRY'S PEOPLE WHO CAN READ AND WRITE
4. A COMPANY THAT CONDUCTS RESEARCH, OPERATES FACTORIES, AND SELLS PRODUCTS IN MANY COUNTRIES, NOT JUST WHERE ITS HEADQUARTERS OR SHAREHOLDERS ARE LOCATED
5. A COUNTRY THAT IS AT A RELATIVELY EARLY STAGE IN THE PROCESS OF ECONOMIC DEVELOPMENT

5 Matching Questions

1. PRODUCTIVITY
2. MORE DEVELOPED COUNTRY
3. FAIR TRADE
4. PRIMARY SECTOR
5. DEVELOPMENT

1. a ALTERNATIVE TO INTERNATIONAL TRADE THAT EMPHASIZES SMALL BUSINESSES AND WORKER OWNED AND DEMOCRATICALLY RUN COOPERATIVES AND REQUIRES EMPLOYERS TO PAY WORKERS FAIR WAGES, PERMIT UNION ORGANIZING, AND COMPLY WITH MINIMUM ENVIRONMENTS AND SAFETY STANDARDS
2. b A PROCESS OF IMPROVEMENT IN THE MATERIAL CONDITIONS OF PEOPLE THROUGH DIFFUSION OF KNOWLEDGE AND TECHNOLOGY
3. c A COUNTRY THAT HAS PROGRESSED RELATIVELY FAR ALONG A CONTINUUM OF DEVELOPMENT
4. d THE VALUE OF A PARTICULAR PRODUCT COMPARED TO THE AMOUNT OF LABOR NEEDED TO MAKE IT
5. e THE PORTION OF THE ECONOMY CONCERNED WITH THE DIRECT EXTRACTION OF MATERIALS FROM EARTH'S SURFACE, GENERALLY THROUGH AGRICULTURE, ALTHOUGH SOMETIMES BY MINING, FISHING, AND FORESTRY

5 Multiple Choice Questions

1. THE VALUE OF THE TOTAL OUTPUT OF GOODS AND SERVICES PRODUCED IN A COUNTRY IN A GIVEN TIME PERIOD
   1. GROSS DOMESTIC PRODUCT
   2. LESS DEVELOPED COUNTRY
   3. MORE DEVELOPED COUNTRY
   4. PRODUCTIVITY
2. THE PORTION OF THE ECONOMY CONCERNED WITH TRANSPORTATION, COMMUNICATION, AND UTILITIES, SOMETIMES EXTENDED TO THE PROVISION OF ALL GOODS AND SERVICES TO PEOPLE IN EXCHANGE FOR PAYMENT
   1. PRIMARY SECTOR
   2. TERTIARY SECTOR
   3. LITERACY RATE
   4. SECONDARY SECTOR
3. COMPARES THE LEVEL OF DEVELOPMENT OF WOMEN WITH THAT OF BOTH SEXES
   1. RELATIVELY DEVELOPED COUNTRY
   2. HUMAN DEVELOPMENT INDEX
   3. MORE DEVELOPED COUNTRY
   4. GENDER-RELATED DEVELOPMENT INDEX
4. THE PORTION OF THE ECONOMY CONCERNED WITH MANUFACTURING USEFUL PRODUCTS THROUGH PROCESSING, TRANSFORMING, AND ASSEMBLING RAW MATERIALS
   1. TERTIARY SECTOR
   2. SECONDARY SECTOR
   3. LITERACY RATE
   4. PRIMARY SECTOR
5. ECONOMIC POLICIES IMPOSED ON LESS DEVELOPED COUNTRIES BY INTERNATIONAL AGENCIES TO CREATE CONDITIONS ENCOURAGING INTERNATIONAL TRADE, SUCH AS RAISING TAXES, REDUCING GOVERNMENT SPENDING, CONTROLLING INFLATION, SELLING PUBLICLY OWNED UTILITIES TO PRIVATE CORPORATIONS, AND CHARGING CITIZENS MORE FOR SERVICES
   1. PRIMARY SECTOR
   2. GROSS DOMESTIC PRODUCT
   3. STRUCTURAL ADJUSTMENT PROGRAM
   4. SECONDARY SECTOR

5 True/False Questions

1. HUMAN DEVELOPMENT INDEX → INDICATOR OF DEVELOPMENT FOR EACH COUNTRY, CONSTRUCTED BY THE UNITED NATIONS, COMBINING INCOME, LITERACY, EDUCATION, AND LIFE EXPECTANCY

   True        False

2. FOREIGN DIRECT INVESTMENT → INVESTMENT MADE BY A FORIGN COMPANY IN THE ECONOMIC OF ANOTHER COUNTRY

   True        False

3. GENDER EMPOWERMENT MEASURE → COMPARES THE ABILITY OF WOMEN AND MEN TO PARTICIPATE IN ECONOMIC AND POLITICAL DECISION MAKING

   True        False

4. DEVELOPED COUNTRY → A STATE THAT IS MAKING SOME PROGRESS AND EXPECTS TO CONTINUE WITH DEVELOPMENT

   True        False

5. DEVELOPING COUNTRY → A STATE THAT HAD PROGRESS FURTHER ALONG THE DEVELOPMENT CONTINUUM

   True        False