All about Rostow!
The first stage of development, where the economy is still largely based around agriculture and low-scale bartering.
What is Traditional Development?
This theory breaks countries into three stages (Core, Semi-Periphery, Periphery) based on various stages of development.
What is the World-System Theory?
This term refers to any zone that is regulated or ruled differently than other parts of a country in order to attract foreign business.
What is a Special Economic Zone?
To do this is to delegate elements of manufacturing to foreign companies and plants. It is a major factor of de-industrialization.
What is offshoring?
Almost every state ever studied has the Gender Empowerment Measure lower than the Human Development Index. The only recorded exception is this Australian island.
What is Tazmania?
The second stage of development, where businesses begin to commercialize and you see the early stages of industrialization.
What ais Pre-Conditions? (For Take-Off?)
These initiatives of global poverty reduction and economy growth were so aptly named because they were coined around the year 2000.
What is Millennium Development?
Special economic zones are most common in this country, making up over 60% of their entire export market. There's a reason why most of your clothes are made there.
What is China?
This Northern U.S. region has been hit the hardest by de-industrialization, leading to their surprising breakaway from progressive politics in 2016. Don't worry, they came back around.
What is the Rust Belt?
This third stage of development is when industrialization truly takes hold, and you see manufacturing and technology opportunities popping up.
What is Take-Off?
This theory, most recently pushed by politicians such as Joe Biden, states the freedom and human rights should be at the forefront of a reformation of capitalism.
What is Neoliberalism?
This type of special economic zone is centered on coasts, with the intention being to lower trade costs between exported materials.
What are Export-Processing Zones?
This term refers to when companies all cluster themselves in singular places, perpetuating service markets and lowering manufacturing values.
What is agglomeration?
This fourth stage of development is where you truly start to see urbanization and all that comes with it, wth cities becoming dominant.
What is Maturity?
This organization, also known as OPEC, is based around the trade of a certain fossil fuel.
What s the Organization of Petroleum Exporting Countries?
These zones promote liberal ideologies of open markets and lower tariffs, often having much lower taxes than other economic areas.
What are Free Trade Zones?
Mechanization, another major cause of de-industrialization, came about in the "post" version of this era, named for a famous auto manufacturer.
What is Fordism?
This final stage of development sees a prosperous economy and high production able to sustain and perpetuate itself.
What is High Mass Consumption?
This is the major free trade organization of Latin America, which operates similar to the EU in Europe.
What is Mercosur?
These are single plants or factories in Latin America that operate as a tiny special economic zone. They have since fallen out of favor.
This measure, referring to the growth in the net gain of manufacturing, has been steadily rising, leading to the closure of many factories and plants. It is designated the acronym "MVA".
What is Manufacturing Value-Added?