Contrasts In World Development Flashcards
What is development?
Level of economic growth and wealth of a country.
What does development affect?
People’s incomes and their standard of living.
What is a more development country more likely to have compared to a less developed country?
Good healthcare and education systems.
What is the development gap?
Difference in development between richer and poorer countries.
What are MEDC’s?
More economically developed countries.
Richer countries.
What are some examples of MEDC’s?
UK or USA.
What are LEDC’s?
Less economically developed countries.
Poorer countries.
What are some examples of LEDC’s?
India or Kenya.
What is the north-south divide?
Division used to show contrast between countries in the north that are more economically developed compared to countries in the south that are less economically developed.
It refers to differences in wealth (gross national income).
Countries in north on average have higher GNI per person than countries in south and so are more economically developed, creates large development gap, except for Australia and New Zealand.
What is GNI per capita?
Total value of all goods and services produced in a country in year plus income from abroad, divided by number of people (per capita) living in country. (Economic indicator).
What does GNI per capita allow us to do?
Compare wealth between different countries.
What are the issues with GNI per capita when comparing the wealth of different countries?
Calculation only tells average income within a country.
Wealth of a country may not be shared out equally.
Some people may appear na lot of money, whereas others may have very little.
What are the key indicators of development?
Life expectancy
Annual population growth
Urban population
Adult literacy
Human development rank
What is life expectancy?
Number of years a person is expected to live for, on average, at birth.
What is annual population growth?
Rate at which population is growing, calculated by subtracting death rate from birth rate.
Minus figure would indicate falling population.