12 terms

Unit 5 Monsoon Asia Vocabulary

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globalization
The development of a global or worldwide society in which people, money, information, and goods flow freely across national borders
fertility rate
The number of children the average woman has in her lifetime (often in a given country)
urbanization
The process of making an area more like the city
multinational corporation
A large company that has operations in more than one country
(e.g. Nike, Toyota, Apple, Coca-Cola)
industrialization
The development of industries (the production of products for sale) in a country on a massive scale
standard of living
The amount of money and comfort that people have in a particular country
developing country
A country that is poorer than most industrialized countries, is usually agriculturally-focused, and is trying to become more advanced economically
(e.g. China, India)
industrialized country
Or a developed country, is one that has a more developed economy and advanced technology
(e.g. United Kingdom, United States)
human development index (HDI)
Is used to measure the development of a country by looking at how long people live, their education, and their standard of living
economy
The organized system of human activity involved in the production, selling, buying, exchanging and distribution of goods and services
rate of natural increase
This calculates the rate of births and deaths in a country to see if the population is increasing or decreasing
famine
An extreme scarcity (shortage) of food causing widespread hunger
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