Development - ANS A process of improvement in the material conditions of people through diffusion of
knowledge and technology
Gross domestic product (GDP) - ANS The value of total output of goods and services produced in a
country in a given time period (normally one year).
Gross nationally inc...
AP HUMAN GEOGRAPHY
DEVELOPMENT
Development - ANS A process of improvement in the material conditions of people through diffusion of
knowledge and technology
Gross domestic product (GDP) - ANS The value of total output of goods and services produced in a
country in a given time period (normally one year).
Gross nationally income (GNI) - ANS Calculates the monetary worth of what is produced within a
country plus income received from investments outside the country, as a more accurate way of
measuring a country's wealth in the context of a global economy.
Per capita - ANS An approximation of the value of goods produced per person in the country, equal to
the country's GDP divided by the total number of people in the country. Used as economic factor in HDI.
Job sector: primary - ANS The portion of the economy concerned with the direct extraction of materials
from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
Very prominent in LDC's
Job sector: Secondary - ANS The portion of the economy concerned with the direct extraction of
materials from Earth's surface, generally through agriculture, although sometimes by mining, fishing,
and forestry. Very prominent in LDC's
Job sector: Tertiary - ANS The portion of the economy concerned with the direct extraction of materials
from Earth's surface, generally through agriculture, although sometimes by mining, fishing, and forestry.
Very prominent in LDC's
, Job sector: Quarternary - ANS The quaternary sector of the economy consists of intellectual activities.
Activities associated with this sector include government, culture, libraries, scientific research,
education, and information technology.
Job sector: Quinary - ANS includes the highest levels of decision making in a society or economy. This
sector would include the top executives or officials in such fields as government, science, universities,
nonprofit, healthcare, culture, and the media.
Production indicator: productivity - ANS The quantity of goods and services produced from each unit of
labor input, can be measured in terms of value added per worker.
Production indicator: Value added - ANS This gross value of the product minus the costs of raw
materials and energy. Is usually 30 times greater in MDC's than LDC's.
Income inequality - ANS Refers to the extent to which income is distributed in an uneven manner
among a population.
Consumer Goods - ANS Household products, clothing, and other goods people buy to use for
themselves
Raw materials - ANS The availability of raw materials and energy resources measures a countries
developmental POTENTIAL, as countries without a large amount of this(Japan, S.Korea, and Switzerland)
are still successful.
Formal economy - ANS The legal economy that is taxed and monitored by a government and is included
in a government's Gross National Product; as opposed to an informal economy
Informal economy - ANS Economic activity that is neither taxed nor monitored by a government; and is
not included in that government's Gross National Product; as opposed to a formal economy.
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