changing economic world Flashcards
what is development?
how wealth and the quality of life of people living on our planet varies from place to place
what is the development gap?
the difference of development between the richest and poorest countries of the world
name the three ways development can be classified
LIC- poor country
NEE- country that used to be poor but getting richer
HIC- rich country
list five measures of development
brith rate- number of live births per 1000 people.
death rate- number of deaths per 1000 people.
life expectancy- average age people are expected to live.
adult literacy rate- average age people are expected to live to.
GNI- total of all money in a country.
describe the five stages of the demographic transition model
stage 1:
amazon tribe
high brith rate and death rate
stage 2:
high birth and lowering death rate
LIC’s
population begins to grow
stage 3:
NEE’s
lowering birth and death rate
rapidly increasing population
stage 4: HIC’s
low birth and death rate
population starts to steady
stage 5:
HIC’s
death rate higher then birth rate
population declines
how can climate cause uneven development?
hot climate means no crops can grow=farmers have nothing to sell and get no income.
how can debt cause uneven development?
if a country is in debt they cannot put money into healthcare and education=lack of education- lack of high paying jobs,wages,tax
name and explain 2 historical causes of uneven development.
colonialism- rich countries take over poor countries and exploit their resources.
war- paying for war and weapons means countries have less money for education
what are the consequences for uneven development
poverty- people living on less than £2 a day
poor health- lack of healthcare=more sick people
migration- people move elsewhere seeking jobs & a better quality of life
how can debt relief reduce the global development gap?
debt relief- when countries debt gets cancelled or reduced.
this means that countries have more money to invest in healthcare and education
name and explain four other strategies to reduce the development gap
fairtrade- farmers get a fair wage for their products.
investment- TNC’s locate in other countries=helps s country to develop as the companies build factories,lay roads,give jobs
microfinance loans- small loans given to local people to start their own business.
intermediate technology- giving LIC’s technology like solar light bulbs so children can study on a night time
name one country that is using tourism to reduce the development gap
kenya- reduced airport fees to kenya airways, 50% off visas.
what is Nigeria’s current level of development?
NEE, previously a LIC colonialised by Britain. gained independence in 1960
how is nigerias industrial structure changing?
primary- declined
secondary- increased due to TNC investment
tertiary- increased due to money earned in secondary industry
what is a TNC? which TMC is located in nigeria?
translational corporation- large companies found in more than one country.
Shell is a british owned company located in Nigeria
how is nigeria’s trading relationship changing with the wider world?
improving trade
export crude oil to china
china funded a 12 billion railway
10 billion oil exploration
