Economic Systems
Economic Sectors
Development Measures
DTM Connections
Sustainable Choices
100
A community decides what to produce by following long-standing customs and family roles. This is a ___ economy.
Traditional economy
100
A crew harvesting salmon from the ocean works in the ___ sector.
Primary sector
100
This development indicator counts deaths of infants under age one per 1,000 live births.
Infant mortality rate
100
High birth rates, high death rates, and little long-term population growth describe this opening DTM stage.
Stage 1
100
The biologically productive land and water needed to support a person's consumption and absorb wastes is that person's ___.
Ecological footprint
200
The government owns major industries, sets production targets, and controls most prices. This is a ___ economy.
Command economy
200
A steelworks turning iron ore into beams belongs to the ___ sector.
Secondary sector
200
This measure counts income earned by a country's residents, including some income received from abroad.
Gross national income (GNI)
200
Deaths fall because of better sanitation and food supplies, but births remain high. This rapid-growth pattern marks DTM ___.
Stage 2
200
When a factory's smoke harms neighbors but that harm is not included in the product's price, it creates a negative ___.
Externality
300
Most businesses are privately owned, and supply and demand set prices for ordinary goods. This is a ___ economy.
Free-market economy (market economy)
300
Insurance agents, hotel workers, and hair stylists are employed in the ___ sector.
Tertiary sector
300
On this measure of income distribution, 0 represents perfect equality and values nearer 1 indicate greater inequality.
Gini coefficient
300
Urbanization, education, and contraception contribute to falling birth rates while death rates stay low in DTM ___.
Stage 3
300
Fishers overharvest a shared fishery because each gains from another catch while all share the depletion. This is the ___.
Tragedy of the commons
400
Private firms compete for customers, while the government regulates pollution and provides public schools. This is a ___ economy.
Mixed economy
400
Epidemiologists who analyze health data and develop new treatments work in the ___ sector.
Quaternary sector
400
This index identifies overlapping deprivations in health, education, and living standards rather than income alone.
Multidimensional Poverty Index (MPI)
400
Low birth and death rates, long life expectancy, and slow population growth are characteristic of DTM ___.
Stage 4
400
Locating a hazardous waste site in a low-income community that already bears pollution burdens is an example of environmental ___.
Injustice
500
A formerly planned state lets farmers set crop prices and permits private shops, while retaining state control of energy. This shift toward market forces is called ___.
Market liberalization
500
Senior officials who set a nation's long-range science priorities work in the decision-making ___ sector.
Quinary sector
500
This development index adjusts a country's human-development achievement downward when inequality is high across its dimensions.
Inequality-adjusted Human Development Index (IHDI)
500
Below-replacement fertility, population aging, and possible natural decrease are most associated with DTM ___.
Stage 5
500
Before approving a dam, officials require a study forecasting effects on habitat, water, and nearby communities. The study is an ___.
Environmental impact assessment (EIA)