Upgrade to remove ads
Terms in this set (8)
Newly industrializing countries
dramatic rates of economic growth and democratization, to the point that they now resemble the advanced democracies in some ways
Less developed countries
lack of significant economic development or political institutionalization marked by economic stagnation or even decline with some sliding into poverty, violence, and civil conflict.
single political authorities that have under their sovereignty a large number of external regions or territories and different peoples
the system whereby a state extends its power to directly control territory, resources, and people beyond it's borders
indicates to a greater degree the physical occupation of a foreign territory through military force, businesses, or settlers.
structural adjustment programs
or the washington consensus; the policies of liberalization of the economy in developing countries based off institutions such as the World Bank and the International Monetary Fund; requiring countries to privatize state-run firms, end subsides, reduce tariff barriers, shrink the size of the state, and welcome foreign investment.
dominated by the self-employed or by small enterprises, such as an individual street vendor or a family that makes or repairs goods out of its home.
microcredit or micro-finance
a system that makes small loans (less than $1000) at reasonable interest rates to small-scale business
THIS SET IS OFTEN IN FOLDERS WITH...
Unit 4: Less Developed Countries
AP Research Paper: Developing Countries and Enviro…
Developed and Developing Countries
Developed/developing countries - Characteristics
YOU MIGHT ALSO LIKE...
O'Neil Chapter 10
Chapter 10 Less Developed & Newly Industrialized C…
pols 156 chpt. 10
OTHER SETS BY THIS CREATOR
exam 1 (ch 1-9)
Music 100 test 4
Comp Pol India
OTHER QUIZLET SETS
Comparative Politics Final
Political Science 071
Developing Countries Vocab
Unit 3: Economics Part 1