Economic World Flashcards

1
Q

What are composite measures

A

They are ways of measuring ways of development these have multiple levels of measurement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the composite measures

A

.Life expectancy
.Expected years of schooling
.GNI ( gross national income)
.Human development index (HDI)
. Gender development index
. Internet users
. Birth rate
. Death rate
. Co2 emissions per capita in tonnes
. Political corruption index

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What does HDI stand for

A

Health ( life expectancy) wealth (gross national income) education ( years in schooling)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What does NC stand for

A

Natural charge

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What does demographic mean

A

The study of people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What does transition mean

A

Change over time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What are the importance of stage in a demographic transition graph

A

They show the development of a country ie stage 1 country’s are indigenous population and stage 5 are countries like japan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is an example of a stage 1 country

A

Indigenous population

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is an example of a stage 2 country

A

Africa and other lICs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Whats an example of a stage three country

A

Nigeria and NEEs and LICs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is an example of a stage four country

A

Uk and HICs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is an example of a stage 5 county

A

Japan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is the dependency ratio

A

This is a of the number of dependants aged 0 to 14 and people over 65 compared with the total population aged 15 to 64

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is aid

A

Aid is any form of help/ assistance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is investment

A

This involves the government and TNCs spending more money on Infrastructure and public services this can positively impact the multiplier effect

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is industrial development

A

This is where companies choose to spend money on jobs only this aims to improve the multiplier effect

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What is Tourism

A

This is where countries bullied attractions for national and international tourists

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What is intermediate technology

A

Sustainable technology given to locals to help them in the long term for example wells

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is fair trade

A

This helps improve farmers lives by promising them a fair price for their produce

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What is debt relief

A

This is where poorer countries don’t have to pay interest and can spend money on other things to improve it

21
Q

What is micro finance

A

This is small scale finance support given to propel in Loans. These help set up small businesses

22
Q

What is the state of Jamaicas economy

A

It is one of the largest island in the West Indies in terms of population. It is a middle income country and it’s suffered slow growth

23
Q

What is the infrastructure in Jamaica like

A

It has allowed high level of development on the north coast. However the roads and airports are lacking

24
Q

What is the quality of life like in Jamaica

A

The wealthy live great lives and benefit from tourism others do not

25
How has tourism contributed to Jamaica’s development
Tourism has allowed money to be generated and to be put back into the economy
26
What is the employment in Jamaica
Tourism is the main source of income in Jamaica and it boosts the economy m. People in employment can learn valuable skills to pass on
27
What is economy in Jamaica like
In 2014 24 percent of jaimacan GDP is expected to rise to 32 percent by 2024
28
What is the environment like in Jamaica
They get foot path erosion, excessive waste, harmful emissions, landscaping projects,
29
What is Nigeria’s current population
The Current of Nigeria is 198 million
30
What issues does Nigeria have to overcome
Crime and corruption
31
There three ( Nigerias) most increased industries are
Agriculture, oil, trade
32
What are TNCs
These are companies that operate in more than one country. They often have factory’s that are no economically developed. Trans national company ( Nike)
33
Why is the uk entering a period of economic change
This is happening due to several factors including globalisation, government policies and deindustrialisation
34
What is globalisation
Is the processes of people and companies intergration
35
What has the increase in globalisation done to the Uk
It has made them more reliant on other countries
36
The government has helped globalisation by
Promoting economic growth such as education, universal healthcare and social growth
37
How has deindustrialisation helped with economic development
This has been done by a decrease in ship, textile and building companies in qauntary and tertiary sectors
38
What jobs have had an increase in since the decline in industrial based jobs
IT jobs such as finance and reasearch, science and business parks and services
39
What new developments of uk infrastructure has there been
Roads, rail network, ports, airports these are important as they all link people to transport hubs which can link back to globalisation
40
What is the north south divide
Due to many business being set up in the south of England this has made a wealth divide the south being richer and poorer being in the north
41
What was the plan to prevent a north south divide
There was a plan to build HS2 a high speed rail line but it has been abandoned and people have lost there homes due to the process
42
Where are the countries located who the uk trade with the most
They are mainly located in the EU
43
What is the development gap
This is the difference in levels of development between the richest and poorest countries in the world
44
How do you reduce the development gap
Via investment, aid, immediate technology,fair trade, debt relief and micro finance loans
45
Ho has shell helped Nigeria
Gives 91% of contracts to the Nigerian people It employs 65000 people However often oil spills and militant groups interrupt
46
How has Unilever helped Nigeria
Aimed at growing Nigeria’s market iWork’s with local cultures Promotes health care
47
What are the four job sectors
Primary= farming Secondary= industrial Quanti= services Tertiary= iT
48
How has transport in the uk been improved
Uk port development ( Bristol 195 million) Heathrow expansion 18.6 mill for runway HS2 plans