WRG Chapter 1
Terms
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- Globalization
- The increasing interconnectedness of people and places throughout the world through converging processes of economic, political, and cultural change.
- “Bubble economyâ€
- A highly inflated economy that cannot be sustained. Bubble economies usually result from rapid influx of international capital into a developing country.
- Rate of Natural Increase (RNI)
- The standard statistic used to express natural population growth per year for a country, region, or the world based upon the difference between birth and death rates. It does not consider population change from migration.
- Total Fertility Rate (TFR)
- The average number of children who will be born by women of a hypothetical, yet statistically valid, population, such as that of a specific cultural group or within a particular country. Considered more reliable indicator of population change than crude birthrate.