Development indicators and terms pt2 Flashcards
Define globalisation
This is the process by which cities become part of a world market
Define de-centralisation
The movement of shops, offices and industry away from urban areas into suburban areas
What does HIC stand for
High income country or high industrialised country
What does NIC stand for?
Newly industrialised country
What does LIC stand for?
Low income country
Low industrialised country
What is GDP and GDP per capita?
This is a measure of wealth and mean wealth through income. A high GDP per capita could represent a high income country however this value could be skewed by the minority of richer people.
What is a poverty line
The number of people earning less than $1.90 per day. In the UK, 0.2% of the population are on the poverty line. In countries like South Sudan, Zimbabwe and Madagascar the rates are around 70%.
What is economic inequality?
This is the difference in wealth between the poorest 10% and richest 10% of society. The larger the inequality the less the wealth is spread across the population.
Define life expectancy
Measuring lifestyles and health. Life expectancy predicts how long a person will live, made when they’re born, based on estimated advances, risks of diseases and current services
Define literacy rate
Quality of education which correlates to economic output. À well educated workforce tends to earn higher wages.
Define infant mortality rate
Quality of healthcare and attitudes towards children. It is important since infants are some of most vulnerability in society, to diseases, infection or suffer from malnutrition.
Define a bottom up project
A small scheme that is planned and controlled by NGO’s or charities with local communities themselves in order to help the local area and people in need.
What is corruption within a government?
Corruption in governments means that they are dishonest or steal money (usually from aid or originally for the people) to maintain power and increase financial gain.
Define foreign policy
A country’s policies and government agreements regarding other countries. This may control tourism, business investment and aid.
Define Frank’s Dependency Model
Describes neo-colonialism and how a country can gain control over a neo-colonial through exploitation and economic dependency