Development Flashcards

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1
Q

Highly developed country?

A
Advanced medical care
High GDP per capita
Good procedures during natural disasters
Good infrastructure
High life expectancy
High standard of living
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2
Q

GDP?

A

Gross Domestic Product - This is the total value of all goods and services that is produced in a country in a year. GDP per capita is the average when you divide the GDP with the population number.

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3
Q

GNP Per Capita (different to GDP)

A

Gross National Product per capita is the value of a country’s final product of goods and services in a year, divided by the population

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4
Q

GDP Per Capita

A

Gross Domestic Product is the total value of all goods and services that is produced in a country in a year. GDP per capita is the average when you divide the GDP with the population number.

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5
Q

Access to electricity %

A

The percentage of people in a country who have access to electricity

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6
Q

Literacy Rate

A

The rate or percentage of people who are able to read is a useful indicator of the state of education within a country.

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7
Q

Life expectancy

A

Average age expected for a citizen to live for

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8
Q

Avg years of education

A

The average number of years that children stay in school

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9
Q

Infant mortality rate

A

The number of infants dying before reaching one year of age per 1,000 live births per year.

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10
Q

Access to clean water %

A

The percentage of the population that has access to clean water

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11
Q

HDI

A

Human Development Index
Life expectancy, education, income per capita
On a scale from 0 to 1

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12
Q

Inequalities in development between and within countries?

A

Desert: Droughts, lack of rainfall which impacts agriculture
Landlocked countries: don’t have access to oceans and therefore the trade routes these provide
Slave trade: reduces population and workforce
Corruption (bribery): reduces development by restricting economic growth and activity
Natural disasters: damage buildings, infrastructure and creates cost for repair
Mountains: relief (the shape of the land) of the land makes it hard to build and have agriculture.
Drilling: Supply of valuable natural resources such as minerals, oils, etc.
Conflict: people migrate

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13
Q

Primary sector?

A

Extracting raw material (e.g mining, oil, minerals) - low income country/lowly developed country

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14
Q

Secondary sector?

A

Processing the raw materials (e.g oil refinery, separating crude oil, textile industry - making fabrics) - middle income country/developing country

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15
Q

Tertiary sector?

A

Serving/selling the products (e.g restaurants, clothes restaurants, supermarkets) could also be hotels, schools (they provide a service) - middle income country/developing country

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16
Q

Quaternary sector?

A

Research and development. Generation and sharing of hi-tech knowledge (e.g data manipulation, looking at supplies, research, medical research) - high income country/highly developed country

17
Q

Globalisation

A

The increasing connectedness and interdependence of world cultures and economies

18
Q

Interdependence

A

when multiple countries rely on each other for trade, goods and information.

19
Q

Transnational company

A

a company that operates across multiple countries and often across different stages of production (primary -quaternary) e.g. Nike.

20
Q

Causes of globalisation?

A

Shipping, trading, TNC, improved communications, internet

21
Q

Advantages and disadvantages of a TNC

A

Nike
1 million people work for Nike since 2019

Many raw materials come from all over the world
Rescued from poverty

Low wages, labour intensive, no medical care

Rescued many families from poverty since the factories are located in rural areas

Labour intensive
Physical and verbal abuse
limited access to medical care

22
Q

Management strategies of a TNC

A

Nike
lessening their environmental footprint — To lessen waste in 2015, Nike used 54 million pounds of factory wasted and turned it into material.
improving product innovation
changing manufacturing