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Scatter: Economic Geography

Human Development Index
Measure used by the United Nations that calculates development not in terms of money or productivity but in terms of human welfare. The HDI evaluates human welfare based on three parameters: life expentancy, education, and income.
Net National Product
A measure of all goods and services produced by a country in a year, including production from its investments abroad, minus the loss or degradation of natural resource capital as a result of productivity.
Core-periphery model
A model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a developed core region.
Economic backwaters
Regions that fail to gain from national economic development.
Ancillary activities
Economic activities that surround and support large-scale industries such as shipping and food service.
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.
Bulk reducing industries
Industries whose final products weigh less than their constituent parts, and whose processing facilities tend to be located close to sources of raw materials.
Conglomerate corporation
A firm that is comprised of many smaller firms that serve several different functions.

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Ancillary activitiesEconomic activities that surround and support large-scale industries such as shipping and food service.
Bulk reducing industriesIndustries whose final products weigh less than their constituent parts, and whose processing facilities tend to be located close to sources of raw materials.
Conglomerate corporationA firm that is comprised of many smaller firms that serve several different functions.
Core-periphery modelA model of the spatial structure of development in which underdeveloped countries are defined by their dependence on a developed core region.
Economic backwatersRegions that fail to gain from national economic development.
Gross National ProductThe 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.
Human Development IndexMeasure used by the United Nations that calculates development not in terms of money or productivity but in terms of human welfare. The HDI evaluates human welfare based on three parameters: life expentancy, education, and income.
Net National ProductA measure of all goods and services produced by a country in a year, including production from its investments abroad, minus the loss or degradation of natural resource capital as a result of productivity.
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