jss emerging economies

Question 1

LDC

Answer 1

less developed country

Question 2

MDC

Answer 2

more developed country

Question 3

import

Answer 3

A good from another country being brought in for consumption

Question 4

export

Answer 4

A good sold to another country

Question 5

fast fashion

Answer 5

A business model replicating recent trends, mass producing them at a low cost, bringing into retail stores while demand is at its highest.

Question 6

life expectancy

Answer 6

the average number of years a person is expected to live for based on mortality.

Question 7

what is kpop/hallyu wave

Answer 7

Kpop is a genre of popular music originating in South Korea influenced by styles from all around the world as well as its traditional korean roots. The hallyu wave is an innovation by the south korea government’s soft power strategy to spread their culture and increase global popularity that started in the 1990s

Question 8

why is kpop innovative

Answer 8

it introduces a different kind of music style, and unique visual appeals that differentiate K-pop from other types of genres.

Question 9

how has kpop influenced south korea’s soft power

Answer 9

by promoting global awareness of important issues. For example, groups like BTS have used their platform to speak out on topics like mental health and youth empowerment, relating with fans worldwide. K-pop helps South Korea build soft power by fostering goodwill and cross-cultural understanding with other countries.

Question 10

what is rmg

Answer 10

ready made garments are mass produced finished textiles products of the clothing industry

Question 11

benefits of rmg

Answer 11

it is helping bangladesh to develop from an LDC country
employs millions of people in the country
economic growth

Question 12

negative of rmg

Answer 12

forces workers to work in substandard conditions
12 hours a day and only earning $95 a month
Rana Plaza disaster
child labour

Question 13

RMG facts

Answer 13

it is Bangladesh’s biggest exporter contributing to 80% of exports
Second largest clothing manufacturing country

Question 14

South Korea MDC/LDC

Answer 14

South Korea is a more developed country because they have a literacy rate of 98.8% and has prohibited child labour.

Question 15

Bangladesh LDC/MDC

Answer 15

Bangladesh is a less developed country because they have a literacy rate of 34.66 per cent and child labour rate of 9 to 13%