Changing Economic World Flashcards

1
Q

What does the DMT show?

A

how changing birth rates and death rates affect population growth

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2
Q

What does stage 1 population pyramid shape?

A

concave triangle

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3
Q

What is stage 2 population pyramid shape?

A

triangle

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4
Q

What is stage 3 population pyramid shape?

A

bullet

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5
Q

What is stage 4 population pyramid?

A

rounded bullet

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6
Q

WHat is stage 5 population pyramid shape?

A

china doll

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7
Q

What are the three types of causes for uneven development?

A
  • physical
  • economic
  • historical
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8
Q

What are the physical causes of uneven development?

A
  • landlocked, cut off from sea trade
  • tropical areas have more climate related diseases and pests, affects countries ability to stay healthy and work
  • extreme weather can slow developmet as costly to repair
  • lack of adequate supplies of safe water is economic barrier
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9
Q

What are the economic causes of uneven development?

A
  • low life expectancy
  • frequent illness
  • lack of nutritious diet make economic development hard
  • In trade rich countries use power to pay very low prices for raw materials from LICs, manufacturing takes place in HIC meaning poor country stays poor
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10
Q

What are some historical causes of uneven development?

A
  • poor countries have no history of industrial and economic development
  • have political instability due to cival wars and political unrest holding back development
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11
Q

WHat are the severn ways the development gap can be reduced?

A
  • investment
  • industrial development and tourism
  • aid
  • using intermediate technology
  • fairtrade
  • debt relief
  • microfinance loans
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12
Q

How can investment reduce development gap?

A

can support a countryes development by providing employment and income from abroad. as economy grows poverty decreases and education improves. people become politically involved meaning better governments

  • development of infrastructure such as roads, water, electricity
  • construction of dams for electricity
  • development of new industries
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13
Q

How can industrial development reduce development gap?

A

brings employment, higher incomes and opportunities to invest in housing, education and infrastructure - multiplier effect

factory creates employment, money for workers and government -> money invested in schools, roads and services -> population becomes better educated and healthier -> opportunities for new investments in supply industries and shops …….

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14
Q

How can tourism reduce development gap?

A

tourism hotspots leads to investment and increased income from abroad whihc can be used on improving infrastructure, education and services

  • can be vulnerable in times of recession
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15
Q

What are the 6 types of aid?

A
  • short term, emergency in response to natural disaster
  • bilateral - one country to another
  • multilateral - countries give to organisations
  • voluntary - donated by general public
  • tied - given with conditions
  • long term - sustainable aid which aims to improve resiliance
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16
Q

How can aid reduce development gap?

A
  • only aid that is long term and freely given can really address development gap
  • on large scale can be used in big projects or small term to improve someones quality of life
17
Q

What is intermediate technology?

A

sustainable technology that is appropriate to needs, skills, knowledge and wealth of local people

18
Q

How can intermediate technology reduce the development gap?

A

-form of small scale projects often associated with agriculture water or health. For local communities and can massively improve quality of life

19
Q

Which two ways do rich countries protect trade>

A

tariffs and quotas

20
Q

What are tariffs?

A

taxes paid on imports, they make imported goods more expensive and less attractive than home- produced goods

21
Q

WHat are quotas?

A

limits on quantity of goods that can be imported. usually applied to primary products so they affect mainly poorer countries

22
Q

What are advantages for poor countries in joining a trade group

A
  • encourages trade between member countries
  • richer countries cannot shop around for cheaper prices
  • members can command a greater share of market
  • members are able to get higher prices for goods
23
Q

What are trading groups?

A

countries which have grouped together to increase the level of trade between them by cutting tariffs and discouraging trade with non-members

24
Q

What is fair trade?

A

sets standards for trade with poorer countries. seeks to reduce development gap by improving the quality of life for ordinary farmers

25
Q

What does fair trade ensure?

A
  • farmer gets all the money from the sale of his crop
  • guarantees the farmer a fair price
  • part of price is invested in local communities
  • farmer farms in enviromentally friendly way
  • product becomes more global
26
Q

What is debt relief?

A

worlds richest countries agreed to cancel debts if country could:

  • manage own finances
  • show there was no corruption
  • spend saved debt money on education, health care and reducing poverty
27
Q

How can debt relief reduce development gap?

A
  • poorer countries can invest money on development and not paying back country
  • money spent on improving peoples quality of life
28
Q

What are the problems with debt relief?

A
  • countries may get into further debt expecting it will be written off
  • corrupt governments may keep the money instead of using to help the poor
29
Q

What is microfinance?

A
  • small scale financial support available directly from banks set up to help the poor. Microfinance loans enable individuals to start small buisnesses and help them become self sufficient