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Chapter 9: Development

Horizontales
Rapid increase in the value of houses followed by sharp decline in value
Process of improving conditions through diffusion of knowledge and technology
Quantity of something consumers are willing to buy
Measures empowerment, labor, and reproductive health
Less developed country
Energy with a finite supply
Wallerstein's theory describing the world as an interdependent system of countries linked by economic competition (Core, Semi-Periphery, Periphery)
Investment made by a foreign company in the economy of another country
Value of output goods and services produced in a country (including $ that leaves and enters)
Rostow's 5 stage model to help countries move to development through trade
Concerned with direct extraction of materials from earth's surface
Verticales
Energy that can be naturally renewed
Alternative to international trade emphasizing small business
Solar energy that collects energy through mechanical devices
Solar energy that collects energy naturally
From the US to measure level of development
Organization of petroleum exporting countries
Value of total output of goods and services produced in a country in a given period of time
More developed country