Economic world

Question 1

Development?

Answer 1

-Process of a country as it becomes economically + technically advanced
-Can also be applied to improvements in quality of life (e.g human rights, increased incomes, healthier living conditions, and educational oppetunities)

Question 2

What is HDI?

Answer 2

-Human Development index is the most common use of measuring development
-Incorporates a range of social +economic indictors of development to calculate an index from 0 to 1

Question 3

Why does reliance on exports of raw material hinder economic development?

Answer 3

-LICs trade commodities (typically) while HICs trade processed goods—–> commodities are lower value than processed goods
-Prices of commodities fluctuate causing great uncertainty + instability for countries trying to develop
-Imbalance in trade between HICs and LICs has INCREASED development gap

Question 3

Economic and social measures of development

Answer 3

GNI
Birth rate
Death rate
Infant mortality
Life expectancy
People per doctor
Literacy rates
Access to safe water
HDI

Question 3

What is a DTM?

Answer 3

-A Demographic Transition Model is a graph that shows change in BIRTH + DEATH rates over time AND how the population changes as a result

• Does not show impact of migration on total population

Question 3

Why is population growth greater in stage 2?

Answer 3

A high natural increase occurs due to death rate falling rapidly due to improvements in healthcare + sanitation whereas birth rate is still high

Question 4

Why is birth rate a better indicator of development than death rate?

Answer 4

-Death rates are a poor indicator of development because they can be high in LICs from poverty BUT also from HICs due to an ageing population
-Birth rates are usually associated

Question 5

Physical causes of uneven development:

Answer 5

-Weather + climate- Extreme conditions make economic develoment more challenging
-Relief- Mountainous regions are usually remote with poor infrastructure
-Landlocked countries- Without a coastline, landlocked countries lack sea trade
-Tropical Environments- Environments are prone to disease
-Water Storage- Essential for life+development, therefore development is challenging with water scarcity

Question 6

Consequences of uneven development

Answer 6

-Disparities in wealth
-Disparities in health
-International Migration