global development Flashcards
1
Q
define development
A
Development measures progress within a country. The development gap refers to the differences between (HICs)
and (LICs)
2
Q
what does gdp stand for
A
gross domestic product
3
Q
what does HDI stand for
A
human development index
4
Q
why does development vary globally
A
Development varies globally due to physical, economic, and environmental factors
5
Q
what is a two-speed economy
A
it is an economy where one sector of industry grows at a much more rapid rate than another
6
Q
how effective is top down strategies
A
they are very effective but are often
