Case study: implications of dependency in LEDCS Flashcards
What is the most prevalent kind of dependency in LEDCs?
Youth dependency
What are the 3 economic implications of youth dependency?
Cost of service provision
Labour force
Informal employment
Cost of service provision
Education of children, healthcare etc. is costly to LEDC governments due to their limited revenue
Labour force
A large labour force is available, hence, why “Multinational Corporations” locate themselves in LEDCs to take advantage of the large supply and low wages they will work for.
Informal employment
It is difficult for people who live in slums to access formal employment, so instead they turn to the unregulated, unsafe and low paid shadow sector
What are 2 social implications of youth dependency?
Education
Healthcare/housing/food
Education
Countries with large youth dependent populations need to invest large amounts of money into education but have little money. Most children are unskilled as a result.
Healthcare/housing/food
Supply is exceeded by the demand, so most people are left in poverty
What are 2 political implications of youth dependency?
Fertility policies
Government priorities
Fertility policy
Controlling population size to reduce stress on system e.g. one child policy in China
Government priorities
Careful decisions need to be made in regards to resource allocation