Development

Question 1

What is a HIC?

Answer 1

High Income Country

Question 2

What is a NIC?

Answer 2

Newly Industrialised Country

Question 3

What is a LIC?

Answer 3

Low Income Country

Question 4

What is a MNC?

Answer 4

Multi National Company

Question 5

What is Technology?

Answer 5

Means of communication, transportation and manufacturing

Question 6

What is Geo-Political Links?

Answer 6

Relationships between countries

Question 7

What is Cultural Exchange?

Answer 7

The movement of people and their traditions between countries

Question 8

What is Aid?

Answer 8

Help given by richer countries to poorer ones

Question 9

What is Poverty?

Answer 9

When a person’s resources are not enough to meet their needs

Question 10

What is OECD?

Answer 10

Organisation for Economic Co-operation and Development

Question 11

What does OECD do?

Answer 11

Works with governments to drive economic, social and environmental change and set standards for agriculture and tax and the safety of chemicals

Question 12

What are Raw Materials?

Answer 12

Unprocessed inputs to a manufacturing process

Question 13

What are Extractive Industries?

Answer 13

Involved in mining or surface mineral extraction such as gold, oil and iron ore

Question 14

What is Labour Intensive?

Answer 14

Industries in which a large proportion of the costs of production go to employing the work force - Clothing

Question 15

What are Emerging Markets?

Answer 15

Areas with large population where there has been a large increase in earnings

Question 16

What is Duty?

Answer 16

A tax that is paid by a company wishing to export it s goods to a country or trading zone

Question 17

Disadvantages brought by MNCs

Answer 17

MNCs exploit low wages and pay work force very low wages
MNCs exploit environmental issues in NICs. They leave large amounts of waste behind and fail to dispose of hazardous goods effectively.

Question 18

What is Free Trade?

Answer 18

Import and export of goods without any barriers

Question 19

What is Restricted trade?

Answer 19

Countries protect their own factories/industries from cheaper products from abroad by blocking foreign countries products through

Question 20

What is are Quotas

Answer 20

A limit on the quantity of goods allowed into a country

Question 21

What is Import Duty?

Answer 21

A sum of money paid when an item is importred from one country to another. Also called a Tariff

Question 22

What is Subsidy?

Answer 22

Money paid by the government to its own factories/industry to help it to compete with goods from foreign countries

Question 23

What is Bilateral Aid?

Answer 23

Help from the government of one country to that of another

Question 24

What is Multilateral Aid?

Answer 24

Given by governments to NGO’s such as the Red Cross who then decide who to allocate it

Question 25

What is an NGO?

Answer 25

Non Government Organisations

Question 26

What is Globalisation?

Answer 26

Flows of people, ideas, money and goods are making an increasingly complex global web that links people and places from distant continents together

Question 27

What is Birth Rate?

Answer 27

Number of births per 1000 people per year

Question 28

What is Death Rate?

Answer 28

Number of deaths per 1000 people per year

Question 29

What is Life Expectancy?

Answer 29

Average age a person is expected to live to

Question 30

What is Literacy Rate?

Answer 30

% of adults who can read and write

Question 31

What is Gross National Income?

Answer 31

Total income of a country divided by its population

Question 32

What is the Human Development Index?

Answer 32

A Unite Nations figure obtained by combining GNI, HEALTH, EDUCATION, and EQUALITY