Question | Answer |
Anthropogenic | Caused by human activities |
Bipolar Structure | A pattern where there are two opposing forces-for example the USA and USSR as superpowers |
BRICs | The emerging economies of Brazil, Russia, India and China |
Capitalism | An economic system for the generation of goods and services based on private enterprise |
Cold War | The Cold War is the name given to the period of heightened tensions and competition between the USA and USSR and their allies between 1945 and the early 1990s |
Commodities | Basic goods (raw materials) such as rice, copper and oil |
Communism | A form of political development that envisages equality among people and a classless society |
Cost-benefit analysis | Can be used to help judge the effectiveness of varying coping strategies |
Cultural imperialism | The practice of promoting the culture or language of one nation in another |
Debt (international) | Is the money owed by one country to another |
Democracy | A form of political development in which the government is elected by the people in free elections |
Dependency theory | Blames the relative underdevelopment of the developing world on exploitation by the developed world, first through colonialism and then by the various elements of neo-colonialism |
Depression | Significant and pervasive lowering of mood leading to difficulties in leading a normal life |
Development | The use of resources to improve the quality of life in a country |
Development gap | The difference in income and the quality of life in general between the richest and poorest countries in the world |
Digital divide | The digital divide is the gap between richer and poorer parts of the world in terms of ICT access |
Diffusion | The spread of a phenomenon over time and space |
Disposable income | This is the money left after all household expenses have been paid |
Externalities | The unaccounted for/uncosted impacts of an economic activity on people and the environment |
Fair trade | Producers of food, and some non-food products, in developing countries receive a fair deal when they are selling their products |
Foreign direct investment | Overseas investments in physical capital by TNCs |
Geopolitics | Political reasons among nations, particularly relating to claims and disputes pertaining to borders, territories and resources |
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