Stage 1: Traditional Society - Subsistence economy based mainly on farming with very limited technology or capital to process raw materials or develop service. Both GDP and per capita incomes are low, Stage 2- Preconditions for takeoff - Leading characteristic of economic growth at this stage is the development of infrastructure and improvment in general; increase in GDP and per-capita income starts to rise, Stage 3: Take Off - Growth in manufacturing, quickly rising GDP and per-capita incomes, and investment increases with newly built infrastructure. Most LEDC's, Stage 4: Drive to Maturity - Growth should be self sustaining. Increase in number and types of industry with more complex transport systems and manufacturing expands, rapid urbanization., Stage 5- Age of Mass Consumption - Experiencing rapid expansion of tertiary industries, decline of manufacturing, high incomes and lots of disposable income (MEDC's), newly industrialized country - a country that has begun transitioning from primarily agricultural to primarily manufacturing and industrial activity, Less Developed Country - A country that is at a relatively early stage in the process of economic development, More Developed Country - A country that has progressed relatively far along a continuum of development., Development - A process of improvement in the material conditions of people through diffusion of knowledge and technology., Primary Sector - the part of the economy that draws raw materials from the natural environment, Secondary Sector - The portion of the economy concerned with manufacturing useful products through processing, transforming, and assembling raw materials., Tertiary Sector - the part of the economy that involves services rather than goods, Quarternary Sector - the knowledge-based sector including research and development, business consulting, financial services, education, public administration, and software development., raw materials - Unprocessed natural products used in production, consumer goods - products and services that satisfy human wants directly, Physical Geography - the branch of geography dealing with natural features and processes, Human Geography - The study of where and why human activities are located where they are, Choropleth Map - A thematic map that uses tones or colors to represent spatial data as average values per unit area., Relative location - where a place is located in relation to another place, Absolute location - The exact position of a place on the earth's surface., Human Environment Interaction - how people affect their environment and how their environment affects them, Movement - how people, goods, and ideas get from one place to another, Region - An area distinguished by a unique combination of trends or features., Place - uniqueness of a location, Geography - Study of the earth, Literacy Rate - The percentage of a country's people who can read and write., Student-Teacher Ratio - A measure of class size found by dividing the average number of students in classes by the number of classroom teachers, Years of schooling - This is the number of years that the average person aged 25 or older in a country has spent in school (Average: 7 in world as whole, 6 in developing, and 11 in developed), Social Indicators of Development - Education and literacy, health and welfare, Human Development Index (HDI) - Indicator of level of development for each country, constructed by United Nations, combining income, literacy, education, and life expectancy,
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