Golabalisation Help/hinder Flashcards
1
Q
Intro
A
Since the 1990s the Indian economy was opened and entrepreneurs were encouraged to set up business so by 2009/10 there was a growth of 7% in the economy.
2
Q
Helped development
A
Life expectancy has gone from 59 years to 63 in 2004
Adult literacy rates have gone up from the 50% to 61% in 2204
Many new jobs have been created by MNCs in hi-tech industries
3
Q
Hindered development
A
Despite this growth 300 million Indiana live on less than 1 dollar a day
Almost half of children under 5 are malnourished
Of Indians 500,000 villages less than half have a connection to a electricity network