Development, Migration and Reducing the Gap Flashcards
What is the development gap?
The differences between more and less developed countries.
What is disparity?
A difference, can also be called an inequality.
What is a migrant?
Someone who moves from one country to another to live there.
What is an immigrant?
Someone moving into a country permanently.
What is an emigrant?
Someone moving out of a country permanently.
What is an economic migrant?
A migrant who moved for economic benefits such as job opportunities.
What is an asylum seeker?
A migrant who moved because their life was threatened in their original country.
List eight ways of reducing the development gap
Investment, Industrial Development, Aid, Microfinance, Intermediate Technology, Fair Trade, Debt Relief, Tourism
What is a transnational corporation?
A company which operates in a range of countries.
What is investment?
Putting money into something with the intention of making money.
What is microfinance?
Small-scale loans given to people in LICs to enable them to start a sustainable business.
Give an example of microfinance in Bangladesh
The Grameen Bank gives a small loan to a woman in a village in order for her to buy a phone.
Give an example of intermediate technology
Practical Action’s Micro-Hydro scheme in Kenya
What is the supply chain?
The process of developing, sourcing, producing and providing good to consumers.
What is Fair Trade?
A term for an arrangement designed to help producers in developing countries achieve sustainable and equitable trade relationships.
