Exam 14: Development and Underdevelopment in the Developing World

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What is/are the primary reason(s)the world is divided into wealthier and poorer groups?

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Countries that are beginning to make the transition from an agrarian society to an industrial society are known as underdeveloped.

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What is the most populous country of Southeast Asia,with 240 million people?

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Life expectancy is in the range of 55 years in Europe.

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Which of the following is considered an "underdeveloped" country?

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In Economic Geography,what does the term "North-South split" refer to?

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What is NOT a major school of thought on world economic development?

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When people work much less than 8 hours per day,this is called ________.

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When a country's terms of trade are good,it usually exports relatively high-value commodities and imports relatively low-value ones.

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What are remittances?

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Transfers of migrant workers' wages to their families back home is called ________.

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Africa's economies are largely centered on the production of textiles.

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In the developing world,what government institution is often the most well-funded and organized?

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Today,the vast bulk of the world's urban growth is in

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Per capita purchasing power is a more meaningful measure of income than GDP.

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Capitalism began in the Middle East in the 15th Century.

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Redistribution of land from the wealthy few to the masses is called ________ ________.

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What is a criticism of remittances?

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For a country,what is an ideal situation for terms of trade?

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In order to qualify for debt relief from the United Nations,a country must reduce government subsidies to the poor,devalue local currency,and implement "structural adjustment" programs.

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