Development Dynamics Flashcards
what does development mean what are the types of factors affecting development
development is the improvement of quality of life
economic - GDP and GDP per capita - energy used - people working agricultural, factories, shops, education
environmental
social- education, literacy rates, quality of housing, doctors per 1000, levels of inequality, employment, access to education water food and energy
political - voting/ democracy, freedom of speech, cultural and gender freedom.
what is gross domestic product
and gross domestic product per capita
Wealth of a country - total value of all goods and services within a country
per capita is per person/ wages
what is HDI
(Human development index)
Measures years in education, life expectancy, Gross national income( total income of county), general living standards/ quality of life.
what others can be measures of development
inequality, corruption index
what factors can affect level of development.
social- quality of housing, education, , leisure availability and health,
ask miss - enough food security, water security, energy security, internet, machinery for improving farms
economic- jobs available, economic growth, living costs,
what is the order of Rostows model
what environmental/ physical factors of a country may influence its development
if the climate is temperate climate/ perfect can develop better because better living conditions and better farming conditions.
relief or shape of land, low lying land may be more prone to flooding of steep and mountainous which is difficult to build on.
resources the country has - coal and water supplies and accessibility- costal locations, can they easily trade
lots of natural hazards - earthquakes, volcanos may delay development as they are faced with the impacts of those.
political/ economic factors that effect rate of development.
Historic- common wealth, trade, politics/ to the countries get on with one another to encourage FDI.
Linked into world trade, Good infrastructure to encourage business growth and attract FDI.
strategies to reduce uneven development around the world
Aid from other countries, government based aid (bilaterally governor form different country - of multilateral- all countries put into a word bank) [ more expensive but will impact more people]
Voluntary aid - charities/ Wales/ toilets for sanitation, internet solar panels [ smaller scale and cheeper however will impact of fewer people]
FDI through major TNC- provide jobs but negative is that tic are there to make money meaning low wages, poor working conditions and can compete will smaller companies putting them out of business also unlit in major cities.
what is FDI and TNCs
what is multiplier effect
