Development Dynamic Flashcards
Define GDP
Total value of goods and services produced by a country in a year
Define poverty line
Minimum income required to meet someones basic needs
What two ways can be used to show a country’s level of development
HDI and GDP
Describe Malawi’s population pyramid
Dense at bottom so lots of children compared to adults
Therefore lower life expectancy
What kind of country is Malawi
Developing
Why does fertility rate fall as countries develop
Literacy rate increases so women are more educated on birth control
What kind of country is India
Emerging
What’s holding Malawi back from being developed
It’s landlocked - no ports to export goods from and to so no trade
Rural isolation - roads are mostly dirt so takes ages to travel
Living with a changing climate - water shortages as temperature rises And food shortages caused by variable rainfall and increased drought
What are the 5 stages of Rostows theory of development
Traditional society Pre take off Take off Drive to maturity High mass consumption
What is traditional society
Most people work In agriculture
What is pre take off
Shift from farming to manufacturing
Trade increases profits which are invested into new industries
What happens in take off stage
Growth is rapid
Investment and technology create new manufacturing industries
What happens in the drive to maturity stage
A period of growth
Technology is used throughout the economy
Industries produce consumer goods
What happens in high mass consumption stage
Period of comfort
Consumers enjoy wide range of goods
What did frank believe
He believed that historical trade was what had made countries poor in the first place