Definitions
What is Industrialization?
The development of industries in a country or region.
The world systems theory is categorizing what?
Core, Semi-periphery, periphrey
What is GII used for?
The Gender Inequality Index is used to measure reflections of gender-based inequalities
Name 2 characteristics of the Primary Sector
LDC, Extract things from earth, Farming, Ranching, Agriculture
What is the first level nicknamed?
Traditional Society
What is GDP?
Gross Domestic Product. Total value of goods produced by countries borders.
Give an example of a periphery country.
Mexico, India, Ireland, Pakistan, Panama, China
How is Gross National Product impacting societies?
It estimates the total value of all products made.
What are all the characteristics of a secondary sector
Turning something into something else
What stage did the Industrial Revolution take place?
What is Stage 3
What is Outsourcing?
Weber's theory argues that businesses, particularly manufacturers, seek to locate their operations in a way that ________ overall costs, primarily transportation, labor, and _____________
Minimize and agglomeration
Is HDI a problem for countries? Why?
No, because it is just measuring the country's level of human development.
Give an example for the tertiary sector
Teaching, Food, Masouse, Cosmetologist
What stage is the Drive to Maturity?
Stage 4
What is Ecotourism?
Nature oriented tourism
What is the Dependency Theory?
Developing countries/nations are reliant and exploited into staying dependent whilst other developed areas exploit the dependent area.
What does the GNP measure?
The total value of all products.
What is the Quaternary Sector?
Services concerned with information or the exchange of goods.
Which stage goes from rural to urban
Stage 3
Define Deglomeration.
The diffusion of businesses from a well developed area.
What are the cons of the dependency theory
Keeps poverty in certain areas, limits the economic development of poorer areas, Declares prosperity is only sustained in the core areas.
What is the measure of value for the USA's GII
58.1 / 9th globally
List examples of quaternary services
Information Technology, Education, consulting services, etc
Name all the characteristics of stage 5.
High incomes, widespread of production goods and services, and many people working in the service sector.