Understanding Globalization, Resources, and Economic Development
Classified in Geography
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Globalization: Internal unit (countries economically dependent on others).
Ecological Footprint: Measuring human demand on spending and use rights.
Natural Resources: Resources we get from the physical environment.
Renewable Natural Resources
Resources that regenerate at the same rate as consumption, such as wind and sun. Critical resources include land, forests, fisheries, and water. Non-critical resources include wind, sun, and waves.
Non-Renewable Natural Resources
Resources where consumption is greater than regeneration, such as fuels (coal, oil, gas), recoverable minerals (metallic minerals, gravel), and recycled materials (metal minerals like aluminum and iron).
Biodiversity: The set of animal and plant species distributed across the surface.
Economic Development: A country's economic wealth, reflected in GDP growth.
Post-Industrial Society: Societies that have abandoned production, often relocating it to developing countries, and focus on technology (communications and transport).
Relocation: Moving production to another place.
Interdependent Economy: The relationship between countries with economic dependence on each other.
Core: Countries that control technology (communications and transport).
Periphery: Countries that have no economic weight and are dependent on the core.
Semi-Periphery: Countries with natural resources that are not post-industrial.
Europeanization
Power structure above the states.
NUTS 1: European Community regions, the largest.
NUTS 2: Basic administrative units, most commonly used.
Ultra-Peripheral Regions: Regions far from mainland Europe and dependent on it.
Transboundary Regions: Regions dependent on different EU states.
ERDF (European Regional Development Fund): Funds for construction of infrastructure and productive investments that create jobs and provide revenue to companies.
FSE (European Social Fund): Supports social inclusion of unemployed workers.
CF (Cohesion Fund): Funds for infrastructure related to the environment and transport.
Vegetative Growth: Population growth in a given place and time.
IDESCAT: Statistical Institute of Catalonia.
Inflation: General rise in prices, usually measured by the CPI (Consumer Price Index).
CPI: Consumer Price Index.
Airspace: The airspace above each country.
Overseas Territory: Territory belonging to a country but located far away.
Schengen Area: Agreement within the European Union where borders between EU countries are removed, allowing free movement of goods and people.