Dynamic Development - Key Words

Question 1

Development

Answer 1

When a country is improving their living standards through better use of resources

Question 2

Quality of life

Answer 2

General wellbeing of a society and individuals outlining positive and negative aspects e.g.:

• life satisfaction -employment
• physical health -environment
• wealth -education

Question 3

Brant line

Answer 3

The divide between developed and developing countries, developed in the 1980s

Question 4

Economic

Answer 4

Money, goods and services

Question 5

Social

Answer 5

Improvement in human wellbeing

Question 6

Environmental

Answer 6

Environment/landscape improvement

Question 7

Bric

Answer 7

Brazil, Russia, India, China

Countries with large rapidly growing economies that have the possibility to be the biggest world economies by 2050

Question 8

MINT

Answer 8

Mexico, Indonesia, Nigeria, Turkey

Recently rapidly growing economies that have the potential to be major world economies by 2050

Question 9

GDP

Answer 9

How much money a country makes, usually over a year

GDP per capita is how much money the average person makes per year.

Question 10

HDI

Answer 10

Human development index. Measures wealth using:

• Education (adult literacy)
• Wealth (GDP)
• Health (average life expectancy)

Question 11

Colonialisation

Answer 11

The action or process of settling among and establishing control over the indigenous people of an area.

Question 12

Natural resources

Answer 12

Materials or substances occurring in nature which can be exploited for economic gain

Question 13

Commodities (and an example of one from the case study)

Answer 13

A raw material or primary agricultural product that can be bought or sold e.g. coffee

Question 14

TNC

Answer 14

Transnational corporation. Company that operates in multiple countries. Typically headquarters in AC and factories in EDC/LIDC

Question 15

Bilateral aid

Answer 15

Given by one country to another.

Question 16

Multilateral aid

Answer 16

Given by multiple countries through international such as the IMF (international monetary fund)

Question 17

Industry

Answer 17

The manufacturing of goods from raw materials

Question 18

Raw materials

Answer 18

The basic material from which a product is made

Question 19

Balance of trade

Answer 19

The difference between a country’s imports and exports

Question 20

GNI

Answer 20

Gross national income (per capita)

Average income of the country found by total income of country divided by total population.

Question 21

NGO

Answer 21

Non governmental organisation e.g. a charity

Question 22

Sustainable development

Answer 22

Development that meets the needs of the people today without comprising the need of future generations.

Question 23

PPP

Answer 23

Purchasing Power Parity. A theory that measures the price using a common good in different areas/countries to contrast the purchasing power of different currencies
E.g. £1 will buy you more in Indonesia than the UK

Question 24

Millennium development goals

Answer 24

Eight international development goals that were established following the millennium summit of 2000.
They are: eradicate extreme poverty/hunger, universal primary education, promote gender equality, reduce child mortality, improve maternal health,combat disease e.g. HIV and malaria, ensure environmental sustainability and develop a global partnership for development

Question 25

Tied aid

Answer 25

Aid with conditions - often from governments

Question 26

Top-down aid

Answer 26

Large scale aid usually given to the government of an EDC/LIDC so they can spend it on projects they need.

Question 27

Bottom-up aid

Answer 27

Small scale projects targeting people most in need and helping them directly (without the government). Usually Aid from charities is bottom-up.