Global development Flashcards
What financial sectors are there
Primary- extract raw materials which are used to provide services or create products, eg oil, crops, gold
Secondary- Manufactures the raw material from primary sector into more valuable items eg turning gold into jewellery
Tertiary- involves selling services and products from primary and secondary industries, eg jewellery retailer
Quaternary- consists of information technology industries, eg research and development, ICT or customer service
advantage to the development of a non- renewable resource
Coal- can be found all over the world so is easily accessible, therefore the costs of using coal will be lessened, especially since how efficient it is at producing energy
Main industries of India
- Agriculture especially for spices and grain
- ICT
- Manufacturing
- Textiles
biotic/ abiotic definition
biotic- factors due to living organisms
abiotic- factors due to non living stimuli
equation for percentage change
((new value- old value)/ old value )x100
what is HDI, what categories do different countries fit into
a score less than 1 to evaluate the standard of living of a population
developing country >0.550
emerging country between 0.550 and 0.799
developed country 0.799
causes of development inequalities
- Climate-> determins what crops and how well crops can grow in an area (could be a source of income)
- Access to resources (gold/ silver/ oil, etc) have value
- Coastal or landlocked (trade easier or harder)
- Colonialism (countries used other countries resources, etc)
Consequences of uneven development
- Builds upon wealth gap
- LICs will have lower quality of life than population of HICs
- Different health levels (access of water/ food/ doctors)