Chapter 30 Tucker

which of the following are (an) example(s) of foreign aid?

A country can have few minerals, little fertile land, & no domestic sources of energy & have a high standard of living.

which are examples of foreign aid?

the transfer of money or resources from one government to another with no repayment required

Which country or countries are considered less-developed countries?

Rapid population growth combined with low human capital investment explains why many countries are LDCs.

the value of final goods produced (GDP) divided by the total population

What are some of the problems with using GDP per capita ?

capital goods usually provided by the government, including highways, bridges, waste and water systems, and airports

What conclusion(s) can we make regarding investment in human resources?

What are ways in which the United States and other advanced countries can be an instrument of growth for LDCs?

the agency of the U.S. Department that is in charge of U.S. aid to foreign countries

finance of foreign investment by large multinational corporations and commercial banks

nations without large stocks of technologically advanced capital and without well educated labor

the lending agency that makes long-term low interest loans and provides technical assistance to less developed countries

What factor or factors determine the economic growth and development of countries?

trap where countries are poor because they cannot afford to save and invest

Which countries are not considered industrially advanced countries?

the transfer of money or resources from one government to another with no repayment required

which country(ies) have no minerals, little fertile land, no domestic energy sources but have high standards of living?

the lending agency that makes short-term conditional low-interest loans to developing countries

Human capital is

The United States, Canada, Australia, New Zealand, and Japan are examples of

There is a significant positive relationship between investment and economic growth and development.

there is no single strategy for economic growth and development.

high-income nations w/market economies based on large stocks of technologically advanced capital & well-educated labor

What other quality-of-life measure or measures also reveal the standard of living in a nation?