Economic Inequality

Question 1

What are the 3 categories

Answer 1

Developed economies
Economies in transition
Developing economies

Question 2

Developed countries are:

Answer 2

Very strong economies
Well developed + wealthy
Mainly secondary and tertiary sectors of work
Eg: Australia

Question 3

Economies in transition

Answer 3

Main focus is on exporting goods
Wages are slowly increasing
Standard of living is improving
Eg: Brazil

Question 4

Developing countries are:

Answer 4

3rd world countries
Reliant of primary sector activities- farming
Poverty
Eg: Ethiopia

Question 5

How to measure economic development

Answer 5

Looking at the gni (gross natural income) per person
Country gni ÷ total population =gni per person
The higher the gni- more developed of a country and it’s economy

Question 6

Resons for economic inequality

Answer 6

Trade
Debt
Corruption

Question 7

What is trade?

Answer 7

Wealthy countries buy raw materials from developing countries at a low price. They then produce the finished product which has a higher value than the raw material. Many mci’s exploit countries this way

Question 8

What is debt?

Answer 8

Many developing country’s owe the bank alot because they have borrowed this money to help develop their country’s. Due to them paying back the debt, basic health care and education is effected

Question 9

What is corruption?

Answer 9

Leaders of developing country’s can take the money that is needed for health care and education and use it for their own personal use

Question 10

Case study

Answer 10

Exploition: the coffee trade

Question 11

Solutions to economic inequality

Answer 11

Fair trade
Dept
Aid

Question 12

Fair trade (solution to economic equality)

Answer 12

People in developing countries should get a fair price for their goods
Fair trade- gives farmers fair price for their produce
MNC’s shouldn’t be allowed to exploit workers

Question 15

Depth (solution to economic inequality)

Answer 15

Loans given to developing countries should be cleared
These countries can’t afford repayments
Dept cancellation means the country can but their money into eduction, health care etc

Question 16

Aid ( solutions to economic inequality)

Answer 16

Developing countries need aid from the Developed world
Important that aid is used correctly eg, education (no corruption)

Question 17

Emergency aid

Answer 17

Natural disasters + war
In the form of food, water, medicine etc
Can be given in money form or by sending workers

Question 18

Development aid

Answer 18

Provides help over a longer period of time
Focuses on developing education, health care etc
Can be given in money form or sending workers

Question 19

Tied aid

Answer 19

Comes with conditions
May mean that developing country will have to buy products from developed country to receive weapons + ammunition

Question 20

Bilateral aid

Answer 20

Aid from one country directly to another
E.g- ireland to Ethiopia

Question 21

Multilateral aid

Answer 21

Aid from organisations, e.g UN, EU, + World Bank

Question 22

Positives of aid

Answer 22

Saves lives in time of natural disasters
Education, health care improves ( development aid)
NGO’s helps develop skills of local people

Question 23

Negatives of aid

Answer 23

Countered become dependent on aid
Corruption- sometimes doesn’t reach intended target
Tied aid- richer countries benefit more than poorer countries

Question 24

Case study ( aid)

Answer 24

Irish aid in Ethiopia

Question 25

Gender equality

Answer 25

Female domestic abuse can be deemed acceptable ⅓ of women ar married before they turn 18 Women are treated differently to men

Question 27

Ireland gender equality facts

Answer 27

Ranks 8th in the world fir overall gender equality 16% pay gap between men +women

Question 28

Nigeria gender equality facts

Answer 28

Ranks 128th in the world for overall gender equality 45% pay gap between men and women

Question 29

Education in Africa

Answer 29

42% kids will drop out Children needed for work at home Married at young age and teen pregnancy's means girl drop out rates are high

Question 30

Education in ireland

Answer 30

Compulsory education until 16 78% students will attempt 3rd level education Literacy levels - 99%

Question 31

Education in Nigeria

Answer 31

40% kids aged 6-11 don't attend school Male literacy level- 69% Female literacy level- 49%

Question 33

Barriers to education in ireland

Answer 33

Schools have limited capacity. Can be difficult to get a place in local schools due to demand. Cost of 3rd level education can be a barrier (very exspensive)

Question 34

Barriers to education in Nigeria

Answer 34

Population growth= not enough schools for everyone Some classes have more than 100 students Poorer children normally have to help their family work instead of attend school

Question 35

Employment (Ireland + Nigeria)

Answer 35

Developed countries= tertiary sector Developing countires= primary sector (low wages due to lack of education) No economic growth= no good jobs available

Question 36

Employment in ireland

Answer 36

Primary= most people prefer to work in different jobs if they inherit a farm Secondary= shortage of ppl working in certain trades (builders) Tertiary= 18 yr old can get a part time job working in catering without 3rd level education

Question 37

Employment in Nigeria

Answer 37

Primary= 70% pf young people rely on farming for employment and food Others mainly do unpaid work at home

Question 39

Access to health care in ireland

Answer 39

Life expectancy= 81 years. Good access to health care, good education etc Lower income families get free healthcare

Question 40

Access to helathcare in developed countries

Answer 40

Children have vaccinations for diseases such at T.B which caused high infant mortality rates in the past

Question 41

Accesses to healthcare in developing countries

Answer 41

Children don't have access to vaccines. Child mortality rates are high Could be prevented with clean water, good sanitation etc

Question 42

What is globalisation

Answer 42

The term used to describe how world economies, population and cultures are becoming more connected and interdependent

Question 43

Factors that influence globalisation- Transport

Answer 43

The use of large container ships has reduced the costs involved in shipping Due to reduced transport costs+ the speed at which products and people can move around the globe, people are more connected

Question 44

Factors that influence globalisation- technology

Answer 44

High speed broadband has changed how people live and work Communication of people across the world can happen instantly Use of social media for online marketing has increased