development dynamics india Flashcards
India’s location and places of trade
sea trade south east Asian tigers united Arab emirates in Asia surrounded by sea bordering Pakistan, Nepal, Bhutan and Myanmar
India’s significance (political)
worlds largest democracy
672 million people voted in 2015
one of the founding members of the UN
India’s significance (cultural)
4 religions
diversity
ancient culture
Bollywood
India’s significance (social)
second largest population
Mumbai’s population is 16 million
worst slums
India’s significance (environmental)
biodiversity
environmental problems
3rd greatest greenhouse gases
India’s significance (environmental)
biodiversity
environmental problems
3rd greatest greenhouse gases
monsoons
Why is trade easier now for india
transport costs have greatly reduced making trade cheaper. Costs reduced through improvements in aircraft, technology, containerization and shipping
what is economic liberalization
a shift to a market economy that allowed freedom for companies and consumers to decide on goods made and investments. This allowed money to be maid through reducing tariffs and taxes and encouraged FDI.
what is Foregin direct investment
factories invested by developed into developing.
what is Foregin direct investment
factories invested by developed into developing.
why is shipping a good way of transport
only need one crew and fuel efficiency means that larger ships only need a little more fuel.
why is aircraft tech used for transport
70 times more valuable than those in the sea
why is containerization used for transport
easy and quicker and are most of the imports
what is outsourcing
a company moves services overseas because labor is cheaper
what tree things are outsourced in India
call centers
software development
company administration
what has changed since rural to urban migration
urban expansion
later marriage
population structure (reduced younger age)
social customs change