Commodity: grown or mined material from the earth which is traded on the market.
Cash Crop: crop that is mainly grown for export
Manufactured Goods: goods made in factories
MNC: Multi-national company (e.g. Nike, Adidas, Coca-cola)
Short Term Aid: provides instant relief to victims of natural disasters
Long Term Aid: aid that is used to help a country developed.
Charitable Aid: aid funded by the general public
Urbanisation: the outward growth of an urban area
Sub-urbanisation: the movement of people in into a suburban area
Counter-Urbanisation: the movement of people out of an urban area and into a rural area
Pull Factors: factors that attract people to an area.
Push Factors: factors that make people want to leave an area.
AdultLiteracy
The percentage of people over 16 years old in a country or region that can read and write
ArableFarming
The type of farming that involves growingcrops
Asylum seeker
A person who applies to live in a new country to avoid persecution in the country they are trying to leave
The BrandtReport
A report produced in 1980 that divided the world into HigherIncome Countries (HIC) and LowerIncomeCountries (LIC)
BRICM
Group of main NIC countries consisting of Brazil, Russia, India, China and Mexico
Brownfield Site
A site of derelict land within an urban area that was previously built on, and can be considered for development
Census data
The information gained from an official population count
CBD
The Central Business District is the main commercial and shopping area of a city
Community
A group of people usually living in the same area who share a common origin, culture or religion
Commuter
Someone who lives some distance from the workplace and who travels daily to and from work
Council housing
A type of housing tenure where the houses are owned by local government and are rented to the people who live in them
Development Agencies
These are created by the UK government to provide help in the form of grants, loans, ready-built factories and infrastructure to attract investment into areas of economic decline and high unemployment
Economic migrant
A person who moves to another place in the hope of gaining a higher standard of living
Economic recession
A period of decline during which some industrial activity closes, people become unemployed and the negative multiplier operates
Economic recovery
A period during which economic activity rises from a period of economic recession, new employment opportunities are created and the positive multiplier operates
European Union (EU)
A free-trade area established within the member countries in 1993
Fair Trade
An initiative set up to ensure farmers of cash crops in LICS receive more money from the profits of sales
Formal employment
Official jobs with set hours and rates of pay. People who are formally employed pay direct taxes to the government
Free Trade
The movement of goods and services within a country or trade group, which does not require the payment of custom duties
Gentrification
The process by which an area (usually inner city) is modernised, services restored, buildings repaired and Brownfield sites developed on
Globalisation
The expansion of a company from its original country to a position where it has branches in many countries. These have an important influence on world trade
Greenfield Site
An area of land, usually in rural areas, that has not been previously built on
Gross Domestic Product (GDP)
The total value of all the goods and services produced in country in one year by all the people living in that country
Gross National Product (GNP)
The total value of all the goods and services produced by the people of a country in one year, whether or not they are living there at the time
High order goods
Items which are bought infrequently and are often expensive. They are sometimes called comparison goods
High range goods/services
Goods or services that people are prepared to travel long distances for
High order goods
Goods with a high range
Higher Income Country
A country with a higher economic development status