Development Flashcards

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1
Q

GNP per capita

A

Value of countrys final output of goods and services per year per person

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2
Q

Literacy rate

A

% of ppl that read and write

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3
Q

Life expectancy

A

Average expected living time

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4
Q

HDI

A

Composite index- life expectancy, education, income per capita

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5
Q

Why use composite indexes better than single indicators

A

Wider representation

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6
Q

Why are some countries poorer than others

A

Former colony, drought and famine, corrupt gov, export cheap goods and forced to buy expensive quality goods, pay back loans w/ interest, civil wars, subsistence farming, flooding, natural disasters, high birth rate, factories pf companies due to globalisation but cheap wages and profit goes to company, wealth inequality

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7
Q

Inequality withing countries

A

Natural resources, climate, natural beauty/ tourist attractions/ physical features

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8
Q

Core region

A

More developed region with more wealth

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9
Q

Periphery region

A

Less developed and less wealthy region that depends on core regions

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10
Q

Primary industry

A

Obtaining natural raw materials

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11
Q

Secondary industry

A

Converting raw materials into products

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12
Q

Tertiary industry

A

Provision of services

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13
Q

Quaternary industry

A

Intellectual activities

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14
Q

Employment structure pattern

A

Early stage of dev has high primary employment, as industrial base is developed secondary increases, further economical developmet grows tertiary industry and decreases secondary

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15
Q

Globalisation

A

Process by which the world becomes interconnected because of trade and cultural exchange

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16
Q

Results of globalisation

A

More international trade, more dependemce on global economy, easier movement of goods, companies operating abroad, big companies in LEDCs

17
Q

Reasons for globalisation

A

Improvement in transport and cheaper trade, freedom of trade remove barriers between countries, improved communication internationally through internet, labour availability in LEDCs used by big companies

18
Q

TNCs

A

Transnational Corporation- firm that owns or controls operations in over one country through foreign direct investment

19
Q

How TNCs have affected globalisation rate

A

Investment in LEDCs, mass media to sell prods, relocation of skilled workforce

20
Q

Economic factors affecting growth of globalisation

A

Trade blocks, outsourcing of key functions

21
Q

Positive impacts of globalisation

A

Inward investment by TNCs, TNCs bring wealth and fpreign currency to economies, sharing of lifestyles with foreign ppl, awareness of events in far away countries, ppl more aware of global issues

22
Q

-ve impacts of globalisation

A

Moslty in interest of richer countries, no guarantee inward investment will help local economy, absence of strict international laws, can be seen as threat to cultural diversity since it might drown out local traditions, industry grows in LEDCs and ppl lose jobs in MEDCs

23
Q

Local globalisation impacts

A

Small businesses cant compete w/ TNCs, TNC closing a plant may lead to job loss, lower cost of international travel, development of ethnic villages

24
Q

National impacts of globalisation

A

Loss of sovereignty to TNCs, hoher levels of international tourism, TNCs create employment, trans- boundary pollution

25
Q

Global impacts of globalisation

A

Growing power of TNCs, hierarchy of global cities, environmental degradation