changing economic world Flashcards

1
Q

how is development classified

A

-Gross national income (GDP + incomes earned by UK nationals abroad - income earned in the domestic economy by non UK nationals)
-demographic transition model
-fertility rate, death rate, birth rate
-human development index

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2
Q

what is the DMT

A

shows how a country’s population changes as it becomes more developed, from subsistence farming cultured (LICs) to HICs

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3
Q

what is the gini coefficient

A

measures how wealth is distributed and shows the correlation between levels of development and how uneven the distribution of wealth is within a country

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4
Q

factors causing uneven development

A

-physical environment e.g. natural hazards= 1985- MC had the worlds largest earthquake (7.8)
-health e.g. diseases
-trade e.g. NAFTA
-history e.g. colonialism

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5
Q

employment structure

A

% of people employed in the primary, secondary and tertiary sectors

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6
Q

mexicos employment structure

A

-15th largest economy in the world
-primary= 2bn tonnes of limes a year - 25% exported
-secondary= maquiladoras - over 1mn workers
-tertiary= 32 mn visitors year generating $43.5 mm daily - 800000 jobs directly, 1.2mn indirectly

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7
Q

why do employment structures change

A

-industrialisation
-mechanisation
-imports
-economic growth
-globalisation

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8
Q

transnational company (TNC)

A

huge company which is controlled from one head office and operate in countries all over the world

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9
Q

advantages of tncs

A

-1mn people employed in maquiladoras
-more than half workers earn enough money to own their own homes
-low unemployment rate of 1%

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10
Q

disadvantages of tncs

A

-low wages and long hours
-workers in mexico are paid 40% less than workers in china

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11
Q

advantages of tourism in mexico

A

-8.5% mexicos GDP
-800000 jobs directly, 1.2mn indirectly
-$43.5 mn spent daily

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12
Q

disadvantages of tourism in mexico

A

-30-50% locals lack access to clean water
-hotels produce waste e.g. lagoons have become polluted

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13
Q

does mexico need foreign aid -YES

A

-25mn workers earn less than $14 per day
-50% population in poverty
-6% people aged 15 cant read or write

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14
Q

does mexico need foreign aid - NO

A

-15th largest economy in world
-63% employed in tertiary

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15
Q

international development aid in mexico

A

-casa y cuidad= NGO scheme that builds safe homes (well-built,sanitation, access to clean water and electricity ) and train local plumbers, builders and carpenters
-the international monetary fund= provides mexico with debt relief ($4bn bailout)

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16
Q

NAFTA

A

north american free trade agreement= allowed free trade for mexico, canada and usa with tariffs and quotas removed

17
Q

top down scheme

A

gov led scheme which is large scale and expensive with little involvement of local people

18
Q

bottom up scheme

A

involves local populations, small scale and cheap with appropriate technology and sustainable materials

19
Q

solutions to the development gap in mexico

A

-industrial development= factories create employment for its workers and taxes for the gov
-tourism (top down)
-fair trade

20
Q

uk links

A

-ports= 120 ports in the UK - Dover is the largest
-heathrow= UKs busiest airport- 1 plane takes off every 45secs, 300000 employed
-2200 miles of motorways

21
Q

uk global links

A

-commonwealth= 1922- britain ruled over an empire of 53 countries (20% worlds population)
-EU= 50% of exports and imports are to the EU and other 50% is to China and USA
- Brexit left EU in 2016
-more than 750000 international flights depart from UK

22
Q

economic change in the UK

A

-Globalisation= economic growth, TNCs, cheaper goods, migration
-factories moved to LICs= loss of jobs, less taxes

23
Q

de-industrialisation

A

-closure of traditional industries which employ thousands of people
-North east england= region affected badly as traditional industries moved away or closes

24
Q

de-industrialisation in UK

A

-The ICL chemical plant (middlesborough) closed = 30,000 people redundant
-easington colliery closed in 1993= 1400 unemployed
-shipyards on river tyne closed as ships are made quicker and cheaper in japan

25
Q

effects of de-industrialisation

A

-2011 census= people have lower incomes, poorer health, fewer qualifications
-residents are 25% more likely to claim benefits

26
Q

modern industrial developments

A

-post-industrial economy= when manufacturing jobs have been replaced by jobs in the service industry
-M4 corridor
-cambridge science park
-toyota

27
Q

M4 corridor

A

-area next to the M4 motorway running between london and south wales
-easy access, cheaper land
-access to Heathrow and unis

28
Q

Cambridge science park

A

-one pf the UKs most high tech industries (over 1500 IT)
-near to heathrow= international links
-close to A14 and M11
-leisure facilities
-student accommodation

29
Q

toyota, burnaston

A

-more than 1.5million cars are made each year in the UK by 7 large TNCs
-installed 17,000 solar pannels
-aim to reach 0 carbon emissions by 2050
-using rainwater harvestin

30
Q

environmental impacts of cars

A

-particulates released
-39090 gallons of water used
-noise pollution

31
Q

resolving regional differences: Liverpool background

A

-north east of england on the coast to the east of the Irish sea
-WW2= germany bombed ports and harbours (2500 dead)
-1985= unemployment rate= 20% double national average, crime was 4.5x higher national average

32
Q

resolving regional differences: Liverpool investment

A

-£200,000 million invested
-albert dock gained world status
-1.4million visitors a week
-2500 jobs
-northern powerhouse railway= £3.4billion boost to the economy by 2040

33
Q

transport scheme: railway upgrade plan

A

-a scheme to provide better, more frequent and faster journeys
-creation of a cross rail line called the Elizabeth line
-EL= cost £18.9 billion (tax money)- bringing 1.5mill people to central london
-in north= railway improvements enables 2000 extra services + allows 40,000 people to travel

34
Q

transport scheme: London Gateway

A

-area of docks built on 3km stretch of coastline which reduces the distance of goods on the roads by 80km
-cost £1.5bn= 6 cargo ships containing 18,000 containers each can be unloaded
-removes 2,000 lorries from roads per day
-paper waste shipped back to china to help used in boxes