Changing economic world Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

What is the UK experiencing?

A

Deindustrialisation (decline of traditional manufacturing)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

How much has quarternary jobs increased from 1981?

A

0-10%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What negatives does the UK globalising cause?

A

Increasing gap between high and low payed and job losses in secondary sector.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What positives does the UK globalising cause?

A

Migration (provides jobs), economic growth, technology increase and makes it the 6th largest manufacturer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What does it mean for the UK as it becomes a post industrial economy?

A

2 million people work in IT
The finance sector provides 10% of the UK’s GNI

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Describe what the north of the UK is like in terms of development.

A

Lots of manufacturing, slow population growth, low house price and lower employment.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Describe what the south of the UK is like in terms of development.

A

less manufacturing, quick population growth, high employment, higher house prices.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is local devolution?

A

Having a mayor that has more control over how that area is run (e.g Manchester in Nov 2014)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

How much did the government promise to the north?

A

£7 billion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

GIve an example of infrastructure investment.

A

£280 million in Salford for the BBC to move there (employment grew by 142% as a result)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the life expectancy and unemployment for the North?

A

LE: 77.6
U: 5%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is the life expectancy and unemployment for the South?

A

LE: 80.6
U: 3.2%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Explain fairtrade

A

Supports farmers allowing them to earn a fair price and added premium is used to improve their community

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Explain microfinance loans.

A

People who have a low income are loaned money that is used to improve their business that helps the community. Everyone involved is a shareholder

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Who is Muhammad Yunus?

A

He created the Gramee Bank and loaned to 1,000 people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is debt relief?

A

When debts are made more manageable usually for LIC’s from HIC’s

17
Q

How have Uganda and Guyana been helped by debt relief?

A

Uganda has new road networks to improve trading and Guyana can spend an extra 20% on healthcare and now have an NHS

18
Q

What is aid?

A

When others give money or resources to the struggling.

19
Q

How do water purifiers help the development gap to reduce?

A

They reduce sick days, illness and are environmetnally and cheap.

20
Q

What effect does tourism have and what does this do?

A

It creates the multiplier effect which is when one positive causes another positive and so on.

21
Q

Why is Nigeria economically important?

A
  • Biggest economy in Africa
  • Expected to overtake countries such as France by 2050
  • There largest sector on the Demographic Dividend is economically active.
22
Q

How is Nigeria’s industrial structure changing?

A

Their GPD $101 billion to $570 billion and Nollywood is 3rd largest in the world.

23
Q

How did oil and manufacturing help Nigeria?

A
  • Helped it become an NEE
  • It accounts for 14% GPD
24
Q

What are the physical causes of uneven development?

A

Climate(limit food), possession of caostline (trading), natural hazards

25
Q

What are the economic causes of uneven development?

A

Poverty is a cycle, less education and healthcare, exploitation by HIC’s

26
Q

Why is uneven development bad?

A

Racism, inequality, less able to recover from natural disatsers, crime, aid is expenisve.

27
Q

How many mothers die in Lesotho because of childbirth?

A

1 in 45 as they are few medical supplies and workers aren’t highly trained.

28
Q

What is the limitation of life expectancy?

A

Where infant mortality is high it reduces the average, so if people survive this they reach much older than the average suggests

29
Q

What is the limitation for doctors per person?

A

Mobile healthcare is not accounted for

30
Q

What is the limitation for Literacy rate?

A

Surveys are hard to carry out, many people would not admit this.

31
Q

What is the limitation for access to safe water?

A

Quality can change overnight sue to natural distasters for example

32
Q

What is the limitation for HDI?

A

Very few limitations just hard to work out, best measurement.

33
Q

What is the limitation for GNI per capita?

A

Can hide regional differences for example India has a lot of billionairs but majority is in poverty

34
Q

What is the limitation for Birth rate?

A

Doesn’t account for economic factors for example Dubai is developed but is is cultural to have a lot of children

35
Q

What is the limitation for Death rate?

A

HIC’s have a higher death rate as their population can get older

36
Q

What is the limitation for infant mortality rate?

A

Hard to record all infants