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AGS Economics Chapter 20

Terms

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International Monetary Fund
An agency of the UN that gives money and economic advice to countries when they have economic problems
Agency
A group that provides a special service
The South
Name given by economists to the poorer countries in the southern hemisphere of the world
ECOSOC
Economic and Social Council
IMF
International Monetary Fund
Foreign aid
Money, medicine, machinery, and food given by developed countries to help LDC's
UN
United Nations
Family planning
An effort to slow population increases by controlling and spacing the number of births
United Nations
An international organization started in 1945 to promote higher standards of living for all people
LDC
A country with an economy that is still developing
Birthrate
The ratio of births to the total population of an area in one year
Economic and Social Council
The part of the UN that promotes economic development
Cash crop
Crops such as tea, cotton, and vegetables that are grown and sold for money
Subsistence farming
Growing crops mainly for personal use and not for sale
Slum
A run-down, urban area often without electricity or indoor plumbing
World Bank
An agency of the UN that directs money from developed countries to less developed countries
The North
Name given by economists to the richer countries in the northern hemisphere of the world
Sanitation
Keeping things clean and removing trash
Life expectancy
The average number of years a person will live
Humanitarian
A person devoted to helping all human beings no matter where they live

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