HDI, More Developed, Less Developed, Newly Industrializing, composite statistic used to rank countries by level of "human development.“, a comparative measure of life expectancy, literacy, education and standards of living for countries worldwide., Rostow, Take off (industrializing), Drive to Maturity (industrializing), High Mass Consumptions (MDC), Traditional (LDC), Transitional (LDC), Wallerstein, Core, Semi-Periphery, Periphery, Explains the Global Division of Labor, Periphery extracts raw materials, Semi-periphery manufactures into finished goods, and the Core consumes the products and sells them back to the others., Economic Sectors, Primary (Extractive), Secondary (Manufacturing), Tertiary (Service Sector), Quaternary (Knowledge-Based), Quinary (Policy & Research), Weber's Least Cost Theory, Bulk-Gaining, Bulk-Reducing, Explains where a factory should go., Closest to market = bulk gaining, Closest to raw materials = bulk reducing

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