Geography Knowlege Flashcards
Development: What is development
All about how wealth and the quality of life of people living on our planet varies from place to place
Levels Of Development: What is a HIC?
High Income Country: these are rich countries that have lots of industry and service jobs such as the UK in Japan
Levels of Development: what is a LIC?
Low Income County: these are poor countries that have mainly primary job such as farming and mining for example countries like Bangladesh and Mali
Levels of Development: what is a NEE?
Newly Emerging Economies: These countries are those that have developed fastest over the latter part of the 20th century such as China and India these are also middle income countries
Uneven development:
The North-South Divide is a division that exists between the wealthy developed countries known as “the north” and the poor developed countries or “the south”. This was based on a report from Brandt based on development in 1971. However countries have developed in the last 50 years making this outdated.
Uneven Development: North Rich or Poor
The north is considered the rich side more wealthier than the south
Uneven Development: South Rich or Poor
The south is considered the more Pris side where as the north is wealthier
Economic Development Indicators: What is GNI?
Gross National Income: the value of a country’s goods and services, divided by the number of people living in the country
Economic Development Indicators: What is GDP?
Gross Domestic Product: the total value of goods and services produced in a country is a given period
Economic Development Indicators: what is GNP?
Gross National Product: the total value of goods and services produced by countries economy during specific period of time usually a year
Economic Development Indicators: Unemployment
Unemployment often results from the inability of employees to move to find new jobs in the industry because of a change in the cost of living or new license requirements
Economic Development Indicators: Economic structure
There are five economic sectors grouped together by type of economic activity; primary, secondary, quaternary and quinary
Economic Development Indicators: Economic Growth
This is defined as the increase in the real value of goods and services produced as measured by the annual percentage change in real Gross Domestic Product (GDP)
Human Development Indicators: Birth Rate
This is a good indicator of social progress and the most developed countries tend to have low birth rates however birth rates can be changed by government policies
Human Development Indicators: Death rates
Crude death rate indicate the number of deaths occurring during the year by 1000 population estimated at mid year