Economic Inequality

Question 1

What are are quickly developing economies

Answer 1

Developing world countries w/ rapidly growing economies
Eg: most of Latin America, China, Vietnam
Used to be v poor
Living standards rising
2ndary economic activities
Multinational companies locate here bc of low labour cost

Question 2

Slowly developing economies

Answer 2

V poor countries
Eg: Sub-Saharan Africa, Bhutan, Nepal
Often landlocked
Civil wars 
Foreign Debt
High pop. Growth
AIDS

Question 3

How has Britain exploited Ireland in the past

Answer 3

Exported Irish timber to Britain during plantations to repair navy vessels
Exported Barley and Oats during the Great Famine
Beef

Question 4

Multi-Lateral aid

Answer 4

Wealthy countries donate money to agency

Eg: UN

Question 5

Tied Aid

Answer 5

Donor countries give aid to poor counties

Favours donor country

Question 6

1st advantage of aid

Answer 6

Contribute to quality of life
Used to bore wells, filter water, establish blood banks, improves local health
Creates employment

Question 7

2nd advantage of aid

Answer 7

Aid target @ groups is very effective!
Independence- women trained in sewing can sell clothes @ market
Self-reliance- farmers taught crop rotation, fertiliser use and food storage
Provide for family, can sell surplus @ market

Question 8

Disadvantages of aid

Answer 8

1. Kleptocrats
2. missed targets (poor people less demanding and live in remote areas) inappropriate aid Lorries sent to places w/ no roads etc.

Question 9

What are developed economies

Answer 9

Developed wealthy countries
Eg: USA, Canada, Ireland, South Korea
Mostly in Northern Hemisphere 
Average incomes
Good amount of supplies/food/water

Question 10

1st factor of hindering economic development in Sudan

Answer 10

Civil war + arms expenditure
Vast amts spent on arms
More than 100,000 soldiers
UN placed ban on sale of arms bc of violence in darfur but some ignore
Oil sold to pay (mostly to Asia)
Civil war 1983-2002, North vs. South, 1.5 mil ppl dead
Many refugees and farming disrupted

Question 11

Second factor hindering economic development in Sudan

Answer 11

Climate change
V little rainfall
Desert ppl= nomadic herders, keep cattle goats camels
South Sudan= less arid than north 
long droughts 
Ppl move to refugee camps

Question 12

Appropriate aid

Answer 12

Funds shld be carefully supervised 
Educated public can hold leaders accountable
Democracy must be nurtured
Military + tied aid should cease
Aid organisations should listen

Question 13

Changing world trading system

Answer 13

North imposes tariffs on processed foods from south (coffee, tea)
Fair Trade works to help
Hardworking conditions and fair prices for south