development Flashcards
diaspora
any group that has been dispersed out of its original homeland.
why are there large indian remittances across the world
many immigrants working abroad
in india high levels of poverty.
indias physical geography
himalayan mountains in the north
indian ocean in the south
core and periphery
as general prosperity grows worldwide majority of wealth growth is enjoyed by a core of a region of wealthy country despite being severely outnumbered in population.
mumbai’s success
multiplier effect based on trade
successful manufacturing industries
bollywood
transnational corporations.
reasons for bihars underdevelopment
states economy was underdeveloped in the colonial period
generally experienced poor governance since its independence
poor development of infrastructure
indias economic change
pre 1980s most were farmers
from 1980s india encouraged tnc
as tnc more seconfary jobs were created
then the multiplier effect took place.
what is outsourcing
business practice of hiring a party outside of a company to perform services and create goods.
what is outsourcing
business practice of hiring a party outside of a company to perform services and create goods.
what is outsourcing
business practice of hiring a party outside of a company to perform services and create goods.
indias biggest imports exports
imports petroleum gold semi percious stones exports petroleum products
positives of fdi
increases infrastructure
development product
multiplier effect.
negatives of fdi
conditions for workers can be bad
exploitation of workers
pollution
multiplier effect with tncs
tncs invest workers earn a wage
local services then recieve money
government recieve more tax
they invest in infrastructure.
why is kashmir a source of authority
kashmir has a supply of fresh water and rivers and therefore provides a source of energy
