CAUSING OF UNEVEN DEVELOPMENT Flashcards
HOW TO REDUCE THE DEVELOPMENT GAP
AID FAIR TRADE USIBG INTERMEDIATE TECHNOLOGY DEBT RELIEF INVESTMENT INDUSTRIAL DEVELOPMENT TOURISM MICROFINANCE LOANS
AID
Aid is given by one country to another
Spent on development projects eg. Schools
Aid can help but corrupt government or they become reliant
Eg. One laptop per child
FAIR TRADE
Getting a fair price for farmers produce in LIC provide for families
Buyers can pay extra to help develop
But only a tiny but reachers original
Eg. Divine chocolate bars
USING INTERMEDIATE TECHNOLOGY
Includes tools and machines to improve quality more simple
Eg. Solar powered LED lightbulbs in Nepal
Work at night
DEBT RELIEF
Debt is cancelled so they have to pay less money
Eg. Zambia had $4 billion of debt cancelled in 2005 so people can improve quality of life
INVESTMENT
FDI is when people or companies in other countries buy property
Better finance or industry
INDUSTRIAL DEVELOPMENT
Increase GNI help improve development Eg. China
TOURISM
Kenya
MICROFINANCE
Small loans are given to people in LIC enable them to create own business and financial independence reduce poverty
Eg. Bangladesh