- 20.1: Explain the meaning ofeach of the followingterms. one-commoditycoun...
- 20.2: PLACE Review the notes you tookfor this section. What are some of t...
- 20.3: a. What has happened topeoples incomes over thelast half-century?b....
- 20.4: Making GeneralizationsWhat actions should Africannations take to fo...
- 20.5: cholera
- 20.6: malaria
- 20.7: tuberculosis
- 20.8: UNAIDS
- 20.9: What is a nation called when it relies on one product for itseconom...
- 20.10: What is the name of the disease that is carried by a mosquitoand wa...
- 20.11: What is the name of the respiratory disease that oftenaccompanies A...
- 20.12: What is the process whereby countries employ many differentways to ...
- 20.13: What disease is spread by poor sanitation and a pollutedwater supply?
- 20.14: What is a product called that is bought and sold and has valuein a ...
- 20.15: Which organization tracks the worlds AIDS problem?
- 20.16: How has Africas economic status changed during the past 40 years?
- 20.17: What is one of the main problems preventing Africa from spendingmon...
- 20.18: What is a danger with a countrys having only one valuable productth...
- 20.19: How are African nations fighting some of the diseases afflictingthe...
- 20.20: What are some of the economic implications of disease in Africa?
- 20.21: What do Ugandas and Senegals AIDS programs have in common?
- 20.22: Why might the drop in HIV infection rates be misleading?
- 20.23: What are some of the empires and peoples that controlled areas ofAf...
- 20.24: What was one of the main reasons that European countries wantedto c...
- 20.25: Why did colonization cause so much political and ethnic violencein ...
- 20.26: Using Your NotesUse your completed chart to answer these questions....
- 20.27: Geographic Themesa. MOVEMENT How are diseases such as malaria andch...
- 20.28: Identifying ThemesHow would you relate one of the five themes ofgeo...
- 20.29: Making InferencesHow do you think Africas economic health affects t...
- 20.30: Drawing ConclusionsHow important do you think regional cooperation ...
- 20.31: PLACE Which two countries remainedfree of European control?
- 20.32: PLACE Which country most recentlygained its independence?
- 20.33: REGION Which decade saw the mostcountries gain independence?
Solutions for Chapter 20: Economic Development
Full solutions for World Geography
a curve that shows the quantity of goods and services that households, firms, the government, and customers abroad want to buy at each price level
the resources a bank’s owners have put into the institution
money that takes the form of a commodity with intrinsic value
the failure of majority rule to produce transitive preferences for society
efficient markets hypothesis
the theory that asset prices reflect all publicly available information about the value of an asset
a measure of the responsiveness of quantity demanded or quantity supplied to a change in one of its determinants
goods produced domestically and sold abroad
an increase in the overall level of prices in the economy
the use of borrowed money to supplement existing funds for purposes of investment
the study of economy-wide phenomena, including inflation, unemployment, and economic growth
the ability of a single economic actor (or small group of actors) to have a substantial influence on market prices
spending on domestically produced goods by foreigners (exports) minus spending on foreign goods by domestic residents (imports)
the amount a seller is paid for a good minus the seller’s cost of providing it
a tax for which highincome taxpayers pay a larger fraction of their income than do low-income taxpayers
goods that are neither excludable nor rival in consumption
the theory that people optimally use all the information they have, including information about government policies, when forecasting the future
the limited nature of society’s resources
two goods for which an increase in the price of one leads to an increase in the demand for the other
a situation in which quantity supplied is greater than quantity demanded
a worker association that bargains with employers over wages, benefits, and working conditions