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Transcript
Know and be able to
DEVELOPMENT
ECONOMIC
KNOW (The following terms need to be known for the exam)
Dependency Theory
HDI
Productivity
Developing country
LDC
Quaternary sector
Economic indicators
Literacy rate
Rostow’s “Modernization Model”
Economic development
MDC
Secondary sector
Gross national product
Primary sector
Tertiary sector
AP VOCAB: This semester you will have to investigate terms that are not provided in your textbook. The following terms
are pulled from the AP College Board Vocab List. You MUST turn in each term on flash cards at the end of the unit. This
is worth an assignment grade 100 points.
Agricultural labor force
Development
Levels of development
Calorie consumption
Energy consumption
Measures of development
Core-periphery model
Foreign direct investment
Neocolonialism
Cultural convergence
Gross domestic product (GDP)
Physical Quality of Life Index
Dependency theory
Gross national product (GNP)
Purchasing power parity
“Stages of Growth” model
Human Development Index
Rostow, W. W.
Technology gap
Technology transfer
Third World
World Systems Theory
BE ABLE TO
 Use examples of human welfare indicators to distinguish between relatively developed and less developed
countries.

Use examples of economic indicators to classify countries as less developed or relatively developed.

Discuss specific examples of “semi-peripheral” countries, explaining why they are so labeled.

Compare and contrast different theories and models of economic development and the relationship between LDCs
and relatively developed countries.

Provide examples of the different sectors of a country’s economy and explain the economic relationship between
them.
READING ASSIGNMENTS
1. Rubenstein, Chapter 9: Development
2. Kuby, Chapter 7: Rags and Riches: The Dimensions of Development
3. FOCUS, # 19: Women Street Caterers: Gaborne’s Colorful Street-Side Restaurants
Development: Chapter 9
Key Issue #1
Why Does Development Vary Among Countries?
Pgs. 301
Define the following terms…
Development:
MDC:
GDI:
LDC:
GNI:
PPP:
1)
Map out and describe the nine developmental regions identified by the HDI
2)
What four different factors does the UN consider when determining a country’s level of development based on its HDI (Human Development
Index)?
ECONOMIC INDICATORS OF DEVELOPMENT
3a) What is gross domestic product (GDP)?
3b) How much does a typical worker in an MDC earn?
3c) In an LDC?
3d) What has been happening to the gap between MDCs and LDCs in terms of GDP?
4)
Explain this statement: “Per capita GDP measures average (mean) wealth, not its distribution.”
4a) Based on the statement above, why might the United States have a very high GDP per capita, but have some very poor people?
5)
What types of jobs comprise each of the following sectors of an economy?
Primary:
Secondary:
Tertiary:
5a) Fill in the table below related to job sectors for LDCs and MDCs:
Current Levels
(High or Low)
Development Level
Primary Sector
LDCs
Trends
(Increasing or Decreasing)
MDCs
LDCs
MDCs
Secondary Sector
Tertiary Sector
6)
Define each of the following terms:
Productivity:
Value added:
7)
What three “consumer goods” are considered to be particularly good indicators of development?
7a) The people in LDCs who have access to consumer goods are usually concentrated in what regions of the country?
7b) Why would these specific goods contribute to an increase of development for MDCs? Similarly, why would a lack of these goods slow
development in an LDC?
8)
Compare LDCs and MDCs for the following characteristics:
LDCs
Average Years of School
Education Difference by Gender
Literacy Rate
Life Expectancy
IMR
NIR
CBR
9)
In what ways is development a positive force for people living in LDCs?
10) What is the inequality adjustment index? Identify ALL of the elements the I.A.I. considers?
MDCs
Development: Chapter 9
Key Issue #2
Why Does Development Vary be Gender?
Pgs. 310
1) Define the GII, what is its importance?
2) The GII considers what four areas as it compares the situation of women to that of men in various countries?
2a. Where are the highest GIIs?
2b. Where are GIIs the lowest?
3. What is the average “income gap” between men and women in the United States?
4. Compare the maternal mortality rate vs. the adolescent fertility rate.
5. How can M.M.R and A.F.R determine the level of development in a country?
6. . In LDCs, at what level of schooling does an “education gap” between boys and girls become very great?
7. Read the following statements regarding literacy and mark them as true or false. If false, repair the statement to make it true.
___ a. In MDCs literacy is universal among both women and men.
___b. In Latin America and Asia, literacy is universal among men, but rates are low for women.
___c. In sub-Saharan Africa and the Middle East, female literacy is low, but it is slightly higher than that of men.
8. In what sense is the “gender gap” actually greater in MDCs than in LDCs?
9. Compare the United stated to the rest of the developed world in the following categories.
REPRODUCTIVE RIGHTS
UNITED STATES
DEVELOPED WORLD
POLTICAL AREANA
Economic Development – Chapter 9
Key Issue #4 328
Why do less developed countries face obstacles to their development?
Pgs.
1) Complete the table below with notes from the text comparing the two different models of development:
International Trade Model
(Rostow’s Development Model)
Problems and Criticisms
Elements
APPROACHES TO ECONOMIC DEVELOPMENT
Self-Sufficiency Model/Path
2)
Which of the two models has shown the most success? How is success determined?
3) Mark each of the following statements, regarding the WTO, as true or false. If false, make them true.
___(a) The WTO was formed by countries which conduct the majority of international trade.
___(b) The WTO seeks to increase import quotas and reduce import and export tariffs.
___(c) Though it can hear accusations, the WTO cannot order remedies.
___(d) The WTO seeks to eliminate restrictions on the flow of money between countries.
4) Why have each of the following groups been critical of the WTO?
i.
Liberals:
ii.
Conservatives:
LOANS
5) Identify the two main sources, both controlled by MDCs, of loans for LDCs.
a.
b.
6) What is the THEORY behind using loans for infrastructure projects in LDCs?
7) In PRACTICE, what has usually happened when loans have been used for these infrastructure projects?
8) What are structural adjustment programs?
9) Why do LDCs enact structural adjustment programs, even though they may be unpopular with the citizens of their countries?
FINANCING DEVELOPMENT
10) Create a Venn diagram comparing Stimulus strategy vs. austerity strategy
11) Why would southern European countries argue that they should receive financial stimulus from wealthier European countries
12 ) What are the two principal ways in which business owners in LDCs obtain money to finance development?
a.
b.
13) Describe the core periphery model.