How and why does development vary Flashcards
Highest GDP countries
N. America, Europe, Australia, New Zealand, Japan, South Korea and Singapore
Lowest GDP countries
Africa and poor Asian countries e.g. Afghanistan and Cambodia.
The development gap?
The gap between these rich and poor countries is known as the development gap and it is thought to be increasing.
how does Climate affect development
Affects water supply, disease prevalence, drought, flooding dictates soil quality and what food (if any) can be grown. Certain diseases thrive in hot climates i.e. malaria
How do natural resources effect development?
Governments use these to create wealth by selling the raw material or products manufactured from them .Provide people with jobs = tax = improving living standards
How does geographical location affect development?
Mountainous areas are hard to reach and can be isolated. Countries without a coastline find it hard to trade their goods.
how does the Aftermath of Colonisation effect development?
Countries given political systems, religion, education –which may not suit them
how does Good Governance/Political Stability affect development?>
Countries looking to invest in other countries will be reluctant to invest in unstable countries
How does trade affect development?
Trading blocs exist –groups of traders (e.g. EU) –these make it hard for countries outside the group to trade.
Foreign direct investment statistics.
African is home to 15% of the world’s population and receives 5% of the direct foreign investment.. Europe is home to 7% of the world’s population and received 45%
How does Aid affect development?
Donations of money have ‘strings attached’ e.g. connected to trading/rates of interest. Many countries have to repay millions of pounds a year as interest on loans