Theories
How many stages does the Rostow's world system theory consist of?
5
What does GNI stand for?
Gross National Income
What sector is service based?
Tertiary Sector
What is the definition of Outsourcing?
Process of moving industrial production or service industries to external facilities or organizations often out of the country.
What do you call a tourism based in natural environemts?
Ecotourism
Which economic sector does researching information fit into?
Quaternary
What does GII stand for?
Gender Inequality Index
How many economic sectors are there?
What is a localized economy in which a large # of companies and industries cluster together and benefit from cost reduction and gains in efficiency?
Agglomeration
Why is Ecotourism Important?
Because it keeps nature sustainable and healthy, while still allowing humans to discover and research more about the wilderness.
In the Wallerstein world systems theory, what does the 3-tier structure consist of?
Core, Semi Periphery, and Periphery
What does the Human Development Index measure?
Spatial variation among sates in levels of development.
What sector does manufacturing fit into?
Secondary
What is International Trade?
Finding the entire country's assets that can be traded with other countries for profit.
What type of government has the central government as the supreme authority?
Unitary Government
What is the theory that is the alternate to Rostow's theory?
Dependency Theory
What are the 3 main measures of development?
GDP, GNP, GNI
What sector does growing beans go in?
Primary Sector
What are some Trade Relationships?
EU, WTO, OPEC
Based on religious, ethnic, linguistic, and economic differences between groups of people. (A type of Boundary)
Subsequent boundaries
Compared to stage 3 of the demographic transition model, which Wallerstein world system theory correctly pairs with it?
Semi-periphery
What is the meaning of Gross Domestic product?
Monetary value of ALL goods and services produced in a country in one year.
Name the 4 sectors
Primary, Secondary, Tertiary, Quaternary
What is the definition of Post-Fordism?
Describes the growth of new production methods defined by flexible production, the individualization of relations and the fragmentation of markets into distinct segments, after the demise of Fordist productions.
Crops carry new traits that have been inserted through advanced genetic engineering methods.
GMO's - Genetically Modified Organims