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AP HUMAN GEOGRAPHY DEVELOPMENT

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Development

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Terms in this set (42)

A process of improvement in the material conditions of people through diffusion of knowledge and technology

Gross domestic product (GDP)

The value of total output of goods and services produced in a country in a given time period (normally one year).

Gross nationally income (GNI)

Calculates the monetary worth of what is produced within a country plus income received from investments outside the country, as a more accurate way of measuring a country's wealth in the context of a global economy.

An approximation of the value of goods produced per person in the country, equal to the country's GDP divided by the total number of people in the country. Used as economic factor in HDI.

Job sector: primary

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. Very prominent in LDC's