Development gap Flashcards
However, power struggles led to a series of dictatorship and civil war in …. (N)
1967-1970
Why is cacao and rubber exports low (N)
People want it processed so they send their exports to Barbados to get processed
How much of the GDP and export income is oil account (N)
14& of the GDP and 98% of the export income
what is HDI MEASURED
Life expectancy at birth
No. Of years of education
GNI per head
Bilateral aid…
aid from one country to another
Uneven development in health and wealth can lead to…
large inequalities in standards of living
What is an advantage and a disadvantage of TNC
Advantage: benefit from tax, cost control, low labour cost, increased employment, money is spent on economy
Disadvantages: difficult for local shop, environmental threats(pollution), threat to culture, poor working conditions, profit goes abroad
Give a reason why someone might leave a country
War,disease, natural disasters
How is subsidies a disadvantage to poor country
they won’t make any profit as their own country can’t offer subsidy -> this widens the development gap
What is microfinance
small scale finance that supports directly from bank sets
this allows them to set up their own business which helps them become self-sufficient
What was USA and Indonesia debt swap exchange
$30 million in debt repayment for conservation of rainforest
From 2013-14, exports has increased by 40% why (N)
more customers : India, Japan, China, South Korea
Give a qualification for debt relief
- can manage their finance
- no corrupt gov
spend money on ed, health and decrease poverty
Because NEEs appeared global income disparity has ______ but…
decreased but disparities inside countries has increased
Emigrant…
A person who moves out of a country
Jamaica’s a upper middle income country but suffers from…
slow growth
debt
high unemployment over a long period
What is a disparity in health between LIC’s and HIC’s
death rates are higher in LICs and they’re preventable diseases but HICs is lower death rates and they’re chronic disease (incurable due to lifestyle / old age)
has quality of life improved because of economic development(N)
economic development has a positive affect on QoL
Why does Nigeria receives international aid
Most of Nigeria’s population is poor. 60% receive $1a day and infant mortality rates are higher
Give a reason why nigeria is developing
Advances in tech
or Concern for the environment
People speak english→growth in telecommunication
Increase use of telecommunication→ benefit from global finance and trade
Info tech is beginning to drive the economy
Investment in science and tech training→Nigeria’s population is seen as an asset
How is development measured
Development indicator
Give an example of an NGO
Oxfam
Free trade is when
countries don’t change the tariffs and quotas to restrict trade with each other but it has potential to benefit poorer countries
What are the advantages and disadvantages of foreign direct investment in African countries
Advantage - economic development
Disadvantage- long period of time