developement Flashcards
what does development refer to
it refers to a number of characteristics that describe the stage a country has reached on economic ,cultural ,social and technological levels
what is development about
it is about realizing the natural and human resource potential of a country ,a region or a locality
function of development
it is one way to improve the quality of peoples lives
what two aspects of improvement does development include
standard of living and quality of life
what is development
it means economic growth , improved living conditions and westernization brought about by globalization and trade
what is MEDCs development associated with
growth in wealth ( capital and assets )
what is important in regards to long term planning in development
sustainability
political factors affecting development
1) colonization led to the extraction of resources by developed countries
2)no law govern the use ? exploitation of resource
3)large multinational companies and investors exploit natural resources especially in developing countries
4) labour is exploited and foreign expertise is used . labour is not skilled
political factors (part two )
1) in the 20th century countries were classified according to the way on which they developed
2)first world countries developed according to capitalist systems
3) second world countries developed is a socialist way but this collapsed with the breakup of the former soviet union
4)third world countries have had to catch up achieving modern economic at a rapid economic growth
social factors affecting development
1) the worlds population is increasing at a rapid rate
