IR Chapter 10 - Key Terms.pdf

Un targets for basic need measures such as reducing

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- UN targets for basic need measures such as reducing poverty and hunger, adopted in 2000 with a target date of 2015 Basic Human Needs - The fundamental need of people for adequate food, shelter, health care, sanitation, and education .Meeting such needs may be thought of as both a moral imperative and a form of investment in “human capital” essential for economics growth. Malnutrition - A lack of needed foods including protein and vitamin; about 10 million children dies from Malnutrition each year from relate cause. Subsistence Farming - Rural communities growing food mainly for their own consumption rather than for sale in local or world market. Cash Crop - An agricultural good produced as a commodity for export to world market Urbanization A Shift of population from the countryside to the cities that typically accompanies economic development and is augmented by displacement of peasant from subsistence farming Land Reform Policies that iam to break up large land holding and redistribute land to poor peasant for use in subsistence farming. Migration - Refugees Remittance - Money set home by migrant workers to individuals (usually relatively) in their country Economics Surplus - A surplus created by investing money in productive capital rather than using it for consumption World-System Resource Curve Imperialism Neocolonialism - The continuation, in a former colony, of colonial exploitation without formal political control Dependency Theory Enclave Economy - A historically important form of dependency in which foreign capital id invested in a third world countries to extract a particular raw material in a particalar place
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Chapter 14 - Key Term Economics Development Newly Industrializing Countries (NICs) “Four Tigers”/ “Four Dragon” Import Substitution Export-led Growth Microcredit Technology Transfer Brain Drain Default Debt Renegotiation Paris Club London Club IMF Conditionality Foreign Assistance Developement Assistance Committee (DAC) Bilateral Aid Multilateral Aid UN Development Program (UNDP) Peace Corp Oxfam America Disaster Relief
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