Development - Glossary

Key Words

Definitions

Aid

The transfer of money, goods and expertise from one country to another free or at low cost

Appropriate Technology

Developments in keeping with the skills, education, resources and finances of the local people

Charitable Aid

Help given free from charities such as Oxfam

Development

mainly measured by wealth which controls people's standards of living

GNP

Total value of all goods and services from a country jn one year

Hazard

A cause of damage to people and property such as a flood or earthquake

Interdependence

When two countries have a shared need for each others goods

Long Term Aid

Help given with the aim of development for the future

Political Aid

Government help usually given in the form of goods and services

Product Dependency

When a country relies on one or two products for most of its income

Short Term Aid

Help given during and after an emergency such as food and medicines

Sustainable Development

Activities and economic growth with a good future because the environment upon which they depend is not being destroyed

Tied Aid

The country receiving help has to use the money to buy goods and services from the country giving the aid

Trade

The exchange of goods and services between countries

Trade Grouping

Several countries join together to remove barriers to the free movement of goods such as the E.U.