Geography: Development Flashcards
Define trade.
The buying and selling of goods.
Define import.
Bringing goods or services in a country from abroad to another country for sale.
Define export.
Sending goods or services to another country for sale.
What does fair trade mean?
Fair trade means that the producer receives a guaranteed and fair price for their product.
Why are LICs often unable to earn more money?
Their products are often primary products, which have a lower value.
The fluctuation of prices of raw materials depending on supply and demand.
Tariffs on certain goods, making it to expensive to trade.
What are the 8 Millennium development goals (MDGs)?
1.) Eradicate extreme poverty and hunger
2.) Achieve universal primary education
3.) Promote gender equality
4.) Reduce child mortality
5.) Improve maternal health
6.) Combat HIV/Aids, malaria and other diseases
7.) Ensure environmental sustainability
8.) Develop a global partnership for development
What is a top-down development project?
Projects that are set up and organised by governments, usually without involving local people and communities.
What are the features of a top-down development project?
1.) Usually large scale
2.) Carried out by governments or international organisations
3.) Well-funded
What is a bottom-up development project?
Development projects that involve and include local communities rather than central government or other agencies.
What are the features of a bottom-up development project?
1.) Small scale
2.) Labour intensive
3.) Run by local people
4.) Limited funding
5.) Independent project
How are HICs distributed across the world?
Mostly in the Western world, some anomalies such as Saudi Arabia, Australia and New Zealand.
How are MICs/NEEs distributed across the world?
Mostly in Asia and South America (i.e China and Brazil).
How are LICs distributed across the world?
Mostly in Africa, some anomalies in Asia such as Mongolia.
What are the 6 Economic Development Indicators?
1.) Gross National Income (GNI)
2.) Gross Domestic Product (GDP)
3.) Unemployment
4.) Economic structure
5.) Economic growth
What are the 7 Social Development Indicators?
1.) Birth rate
2.) Death rate
3.) Infant Mortality Rate (IMR)
4.) People per doctor
5.) Literacy rate
6.) Access to safe water
7.) Life expectancy
