Development Dynamics Flashcards
What is the Brandt line?
A line that divides developed and developing countries on the world map
What is a bottom up project?
A small scheme, organised by and NGO or charity that aims to help the poorest families
What is capitalism?
An economic and political system where trade and other sectors of the economy such as manufacturing are run by private companies for profit. They believe that the richer the country the more developed it can be
What is colonialism?
The act of getting control over another country, this involves occupying their land and results in exploitation of people and the country’s resources
What is communism?
A system which believes that the population should be classless and equal financially. Goods and the means of production are owned communally (often by the state) instead of being owned by private companies so everyone has access to what they need
What is corruption?
Governments that are dishonest or steal money to remain in power or for financial gain
What is economic inequality?
The difference in wealth between the richest 10% of a country’s population and the poorest 10%
What is franks dependency model?
Describe neocolonialism and how a country can gain control over a neo-colonial through exploitation and economic dependency
What is GDP?
GDP stands for Gross Domestic Product. The value of all produce and spending within a country.
What is GDP per capita?
The value of all produce and spending within a country, divided by the population
What is governance?
The management of a place or group of people
What is the Human Development Index (HDI)?
A measure of several indicators including life expectancy, inequality and education
What is an indicator?
A way of measuring development, which focuses on the social, economic or environmental development
What is the Infant Mortality Rate?
The fraction of children under 5 years old that die compared to the total number of births
What is informal work?
Self employed or temporary work, which provides a small wage and limited health regulations.