Develment and Globalisation definitions

Can you name the Develment and Globalisation definitions

A group of (in 2011) 143 nations agreeing to trade with each other without the use of tariffs or duties. It deals with the rules of global trade, with the aim of easing trade and g
Where decisions about development are made by local communities
An organisation set up after World War II to promote investment globally. It provides loans for countries who agree to conditions; like the IMF
The rule of one weaker power by a stronger power, including take-over of its government
Also known as free trade - means removing barriers such as duties or customs. The theory is that the fewer barriers there are to the flow of goods, the greater trade will be
Raw material items, usually either farm crops or minerals
Where decisions about development are made by organisations, eg. government or large companies, and imposed on a population
A theory that shows how different economic development between regions leads to a prosperous 'core' region and a poorer 'periphery'
Also known as 'duties'. Charges imposed on the import of goods from certain countries
Relating to population
Areas in which governments offer tax incentives for foreign companies to build new factories there. Usually found in NICs
A theory by economist Andre Frank, which shows how economic development of core regions occurs at the expense of the peripheries. The core depends on raw materials from the periphe
The relationship between average earnings and prices, and what it will buy, because a dollar buys more in some countries than others. It expresses the the spending power within ind
Socia-economic change which aims to improve wealth and standards of living
The employment of people overseas to do jobs previously done by people in a HIC. Usually associated with IT software development, banks, and service companies, eg. call centres
The span of levels of economic development, from poorest to wealthiest countries
Also known as the 'knowledge economy' which is based on creativity and specialised expertise in finance, media, and management, rather than manufacturing goods
The differences between poorer countries of the developing world (or LICs), and wealthier developed countries (or HICs)
A theory stating that capitalism generates economic development in ways that will benefit all; it dates from the 1950's-70s when US investment was used in South East Asia to preven
A type of Special Economic Zone where businesses are free to import raw materials, process, and manufacture them, and re-export without paying duties or tariffs
A process used by transnational companies to reduce stock, so that goods are produced just in time before sale, rather than being held in warehouses
Those industries established largely for the purpose of increasing exports
An organisation which funds development in poorer countries, using bank deposits from wealthier countries
A system of trade whereby producers are paid fair prices to give them a reasonable standard of living
A UN index with a range between 0 (worst) and 1 (best), which measures life expectancy, knowledge (literacy and number of years spent at school), and standard of living (GDP per ca
The group of the 8 largest economies in the world (Russia, the USA, UK, France, Canada, Germany, Italy, and Japan)
A package of mechanised farming techniques and high yielding seeds to enable LICs to feed their growing populations
Usually given in the US$, this is a figure which sums the total value of all goods and services produced in a country in a year. It may either be expressed for a whole country, or
An economy based on sustainable development eg. low carbon use
The way in which people, cultures, money, goods, and information 'move' between countries with few, or no barriers
Quiz Playlist
Classic: Type in answers that appear in a list
Last Updated: Feb 16, 2017

Quiz Scoreboard


May contain spoilers

More to Explore

You Might Also Like...

Today's Top Quizzes in Geography

Browse Geography

Today's Top Quizzes in Definition

Browse Definition

More By:

Quiz Plays Rating Category Featured Created
108 1.33 Geography Oct 14, 2013
69 5.00 Geography Oct 13, 2013
62 1.60 Geography Oct 19, 2013
29 1.00 Geography Jun 8, 2014
23 Geography Oct 9, 2013

Go to Creator's Profile

Your Account Isn't Verified!

In order to create a playlist on Sporcle, you need to verify the email address you used during registration. Go to your Sporcle Settings to finish the process.

Report this User

Report this user for behavior that violates our Community Guidelines.