Assignment Flashcards
Hong Kong has a population of…
7.4 million people
Hong Kong is a…
special administrative representative region in China.
Hong Kong is part of the…
Asia-Pacific Economic Cooperation (APEC) in its own right, under Hong Kong, China.
Hong Kong is known for…
its well-established international financial market which increases its GDP and economy.
Mali has a population of…
21.9 million people.
Mali is a…
land-locked country in West Africa
Mali is currently in an…
ongoing civil war since 2012.
Mali is one of the…
poorest countries in the world.
Mali struggles with…
its high infant mortality rate and low life expectancy.
Mali relies heavily on…
its exportation of gold which makes up 96% of its exports, however, most of the gold is exported illegally.
Mali faces…
extreme poverty and terrorist attacks
Rostow’s model of development describes…
the different stages of economic development
Rostow’s model was created by…
W.W. Rostow in 1960.
The model’s main characteristics are…
industrialisation, urbanisation and economic growth and development.
The first stage is…
the traditional society which is characterised by subsistence farming or hunter-gathering.
The second stage is…
preconditions for takeoff, this is described as a society where the manufacturing industry begins to develop and a country develops an international outlook.
The third stage is…
take-off, a short period where urbanisation increases and industrialisation proceeds with technological breakthroughs.
The fourth stage is…
the drive to maturity, where industries diversify and investments are made in infrastructure and improving the quality of life over an extended period.
The final stage is…
the age of high mass consumption, where mass production feeds the high demands of the consumers.
