Development pt. 1 Flashcards
What is development?
the process of a country where it improves it’s quality of life for its people and making its place more independent
what are the stages of development?
least developed countries—> developing countries—> newly developed countries—> developed countries
what is quality of life?
a person’s well being in terms of their environment, security, health and happiness
human development index:
measure the disparities (the difference in level) between countries
what is economic activity
economic activity involves making providing purchasing selling goods or selling services
economic sectors
primary-take it
secondary-make it
tertiary-sell it
quaternary-provide it
primary sector
extraction of natural resources. examples are mining, farming, energy extraction
secondary sector
production of finished goods and components. examples are manufacturing, food processing, raw material processing
tertiary sector
providing services to consumers and businesses. examples are beauticians, retailing, teachers
quaternary
providing information & ICT. examples are software development, financial services, data processing
what is inequality
differences in level of development
what is ‘people per doctor’
the number of people per doctor
GNP per capital
total value of goods and services provided by a country
reasons for wealth inequality between countries
–> length of time in which development is occuring
—> impact of colonisation
—-> presence of raw materials
—-> absence of raw materials
—-> development of tourism, mining and manufacturing
—-> presence of port for transport
—-> government policies
—-> level of corruption
—–skilled or unskilled workforce
—-> trade policies (like free trade)
—-> presence of TNCs
—-> war
—->reliance on low level primary products
—–> overeliance on one product/lack of diversity
reasons for inequality within countries
–> some part have more resources
–> more energy supplies
–> more water suppliers (rivers)
–> more fertile soils
–> more employment
–> more accesiblity
–> better access to education
–> better access to healthcare
—> some areas urban some rural
–> coastal regions = ports for trade
–> extreme climate
–> mountain areas tend to be less developed
–> civil wars
