Development gap Flashcards

1
Q

What is meant by the ‘first’ world?

A

Europeans

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2
Q

What is meant by the second world?

A

Wealthy regions colonized by Europe such as North America and Australia

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3
Q

What is meant by the third world?

A

Poor countries

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4
Q

What is the north and south region?

A

South is the poor side while the north is the rich side

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5
Q

Why are abbreviations such as LDC and MDC not accepted to be used to evaluate wealth of counties?

A

Because LDC and MDC only evaluates wealth in the country’s economy, but some countries are poor economically but rich culturally

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6
Q

What is the five fold division?

A
Rich industrializing
Oil exporting 
New industrializing 
Heavily indebted countries
Countries previously having a communist system
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7
Q

What is used to measure development?

A

GNI - gross national income (wealth)
GNP - gross national product (wealth without taxes)
INFANT MORTALITY - the number of babies died per 1000 live births
HDI - human development index

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8
Q

What are physical factors that make global development inequalities worse?

A

Physical geography of a country
Diseases
Climatic hazards

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9
Q

What are economic factors that make global development inequalities worse?

A

Low life expectancy and

Standard of living

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10
Q

What are environmental factors that make global development inequalities worse?

A

Deforestation

Poaching

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11
Q

What are social factors that make global development inequalities worse?

A

Education - funding for children

Reliability of water supply - needed for crops and plants

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12
Q

How to reduce global inequalities?

A

Loans and aid

Debt relief and abolition

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13
Q

What is short term aid?

A

Aid for disaster relief (food, water, clothes)

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14
Q

What is long term aid?

A

Aid given to promote economic development

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15
Q

What is bilateral aid?

A

Aid given from one government to another

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16
Q

What is multilateral aid?

A

Rich/developed countries give money to international organizations

17
Q

What is top down aid?

A

Aid for governments to run efficiently to build infrastructure

18
Q

What is bottom up aid?

A

Aid that provides basic health care, money and education

19
Q

What does economic periphery mean?

A

A country with its economy on the edge

20
Q

What does economic core mean?

A

A country with its economy in the middle or core