Chpt 1 Measuring Economic Development

Question 1

Define economic development

Answer 1

Measures a country’s wealth and how this wealth is produced

Question 2

Define human development

Answer 2

Measured the access a population has to jobs, healthcare, nutrition, gender equality, safety and political and cultural freedom

Question 3

Define Gross National Product/ Gross National Income

Answer 3

A measure of a country’s wealth. The value of goods and services produced in a country plus the value of goods and services produced by native companies located abroad e.g Glanbia

Question 4

Define Gross Domestic Product

Answer 4

The value of goods and services produced by locally-owned and foreign owned businesses in a country

Question 5

Define Human Development Index

Answer 5

This is a measure of peoples ability to live a long and healthy life, to communicate and participate in their community and to have enough resources to obtain a decent standard of living

Question 6

Define least developed country

Answer 6

A country that is poorer than other countries in the world - formerly labelled third world e.g Zambia, Ethiopia

Question 7

Define Newly Industrialised Country

Answer 7

A quickly developing country - experiencing rapid economic development e.g Brazil, India

Question 8

Define standard of living

Answer 8

The material aspects of development like wealth and housing

Question 9

Define quality of life

Answer 9

Social aspects of development like leisure and healthcare

Question 10

How does hot desert climate affect economic development

Answer 10

Low rainfall and intense heat hinders economic development e.g Sahel region Africa
Water shortages and drought prevent crop growth

Question 11

How does tropical climate affect economic development

Answer 11

Encourages pests and diseases to be spread - hinders development
Zika virus in Brazil - prevents tourists
Berry Blotch - prevents coffee bean production

Question 12

How does temperate climates affect economic development

Answer 12

Encourage economic development as agriculture easy e.g Ireland cool temperate oceanic climate

Question 13

How does natural resources affect economic development

Answer 13

Rich in natural resources = encourage development
Brazil wealthy due to many natural resources e.g gold, copper, oil
Norway high standard living = oil and gas reserves
Resource overexploited = slow development e.g Wallonia in Belgium with coal

Question 14

How does access to the sea affect economic development

Answer 14

Being landlocked can slow down development - higher costs to transport undersea telecommunications and wiring can’t reach

Question 15

How does natural hazards affect economic development

Answer 15

Recovering from floods, tectonic activity, volcanoes is expensive and caused damage do hinders development
Japanese earthquake 2011 cost €300 billion and only recovering now

Question 16

How does historical factors affect economic development

Answer 16

Colonisation prevents full economic and social development as prevented from exploiting own resourced and couldn’t set up industry or trade with other countries

Question 17

How does social factors affect economic development

Answer 17

Countries with high dependency ratio find it hard to development - num elderly and young higher than working

Question 18

Define More economically development countries

Answer 18

Have high levels of industrial activity, well developed healthcare systems, educated population
There is social and economic equality between men and women
Child mortality is low
GNP is high
Most industry is capital intensive
Well developed infrastructure - schools
Very high on HDI
E.g Europe, NA, Japan, Australia

Question 19

Examples quickly developing countries

Answer 19

Malaysia, Indonesia, China, india, Brazil

Question 20

Examples least developed countries

Answer 20

Zambia, Ethiopia, Bangladesh, Afghanistan

Question 21

Define GNP

Answer 21

The value of goods and serviced produced in a country plus the value of goods and serviced produced by companied located abroad

Question 22

What is GNI

Answer 22

Is GDP plus any income received from other countries - eg tax