Economic World Flashcards

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1
Q

What are composite measures

A

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

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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

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3
Q

What does HDI stand for

A

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

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4
Q

What does NC stand for

A

Natural charge

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5
Q

What does demographic mean

A

The study of people

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6
Q

What does transition mean

A

Change over time

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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

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8
Q

What is an example of a stage 1 country

A

Indigenous population

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9
Q

What is an example of a stage 2 country

A

Africa and other lICs

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10
Q

Whats an example of a stage three country

A

Nigeria and NEEs and LICs

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11
Q

What is an example of a stage four country

A

Uk and HICs

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12
Q

What is an example of a stage 5 county

A

Japan

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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

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14
Q

What is aid

A

Aid is any form of help/ assistance

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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

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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

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17
Q

What is Tourism

A

This is where countries bullied attractions for national and international tourists

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18
Q

What is intermediate technology

A

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

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19
Q

What is fair trade

A

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

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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
Q

How has tourism contributed to Jamaica’s development

A

Tourism has allowed money to be generated and to be put back into the economy

26
Q

What is the employment in Jamaica

A

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
Q

What is economy in Jamaica like

A

In 2014 24 percent of jaimacan GDP is expected to rise to 32 percent by 2024

28
Q

What is the environment like in Jamaica

A

They get foot path erosion, excessive waste, harmful emissions, landscaping projects,

29
Q

What is Nigeria’s current population

A

The Current of Nigeria is 198 million

30
Q

What issues does Nigeria have to overcome

A

Crime and corruption

31
Q

There three ( Nigerias) most increased industries are

A

Agriculture, oil, trade

32
Q

What are TNCs

A

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
Q

Why is the uk entering a period of economic change

A

This is happening due to several factors including globalisation, government policies and deindustrialisation

34
Q

What is globalisation

A

Is the processes of people and companies intergration

35
Q

What has the increase in globalisation done to the Uk

A

It has made them more reliant on other countries

36
Q

The government has helped globalisation by

A

Promoting economic growth such as education, universal healthcare and social growth

37
Q

How has deindustrialisation helped with economic development

A

This has been done by a decrease in ship, textile and building companies in qauntary and tertiary sectors

38
Q

What jobs have had an increase in since the decline in industrial based jobs

A

IT jobs such as finance and reasearch, science and business parks and services

39
Q

What new developments of uk infrastructure has there been

A

Roads, rail network, ports, airports these are important as they all link people to transport hubs which can link back to globalisation

40
Q

What is the north south divide

A

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
Q

What was the plan to prevent a north south divide

A

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
Q

Where are the countries located who the uk trade with the most

A

They are mainly located in the EU

43
Q

What is the development gap

A

This is the difference in levels of development between the richest and poorest countries in the world

44
Q

How do you reduce the development gap

A

Via investment, aid, immediate technology,fair trade, debt relief and micro finance loans

45
Q

Ho has shell helped Nigeria

A

Gives 91% of contracts to the Nigerian people
It employs 65000 people

However often oil spills and militant groups interrupt

46
Q

How has Unilever helped Nigeria

A

Aimed at growing Nigeria’s market
iWork’s with local cultures
Promotes health care

47
Q

What are the four job sectors

A

Primary= farming
Secondary= industrial
Quanti= services
Tertiary= iT

48
Q

How has transport in the uk been improved

A

Uk port development ( Bristol 195 million)

Heathrow expansion 18.6 mill for runway

HS2 plans