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Development

Development. By: Erin Kay. Key Information . Gross Domestic Product- amount of goods and services a country produces in a year, divided by population to get gross natural increase. Gross National Product- amount of goods and services they export in a year.

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Development

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  1. Development By: Erin Kay

  2. Key Information • Gross Domestic Product- amount of goods and services a country produces in a year, divided by population to get gross natural increase. • Gross National Product- amount of goods and services they export in a year.

  3. Self-Sufficient Model of Development- LDC closes itself off from trade and other countries and develops its own economy (lack of competition) -Only 1% of people practice this • International Trade Model of Development- LDC focuses on one industry to trade with. -Disadvantages: problems focusing on food

  4. Wallerstein World Model- Consists of core, semi-periphery, and periphery -Exploration and colonialism Core- Most developed -Have strong central governments with military support -Agricultural workers move to growing cities work in industry -International trade works in favor of core countries Semi-Periphery- Middle developed -In between Core and Periphery Periphery- Least developed -No central, strong government -Raw materials sent back to the core for consumer markets -Inexpensive labor for extracting resources and for agriculture

  5. Rostow Development Model- how a country develops industry 1- Traditional Society 2- Pre-Industrial 3- Take-off 4- Industrial/Service 5- Mass Consumption

  6. Experience of Four Dragons and Middle East with International Trade Model -Singapore, Taiwan, Hong Kong, South Korea Found clothing and electronics industry • Very Successful Disadvantage: Importing their food

  7. Human Development Index- Composite statistic of life expectancy, education, and income to rank a country based on human development. 0-1 0- not developed 1- perfect country

  8. Gender Empowerment Index (also known as Gender Empowerment Measure or GEM)- Measurement of female power based on their roles in society and their income. • Special Economic Zones- Geographical areas where Government actually offers special trade incentives to encourage development. • Examples: Tax breaks, etc.

  9. Fair Trade vs. Free Trade Free Trade is trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue. • Results in lower prices for the consumer. Fair Trade is to trade in conformity with a fair-trade agreement. • Promote good conditions with partners, etc. http://www.youtube.com/watch?v=8JfGki00T0c

  10. Flash cards on Development http://quizlet.com/20723071/ap-human geography-chapter-9-test-flash-cards/ Online test for development http://www.softschools.com/quizzes/ap_human_geography/ap_human_geography__development/quiz5248.html

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