Lesson 5

Question 1

20% of Population, 80% wealth

Answer 1

North

Question 2

80% of population, 20% of wealth

Answer 2

South

Question 3

• Is a metaphor for interstate inequality and a product of Western imagination
  (Claudio, 2014)
• Refers to the socio – economic and political divide primarily focused on the southern
  hemisphere of 1569 – designed Mercatorian map.
• Third world
• Africa, Latin America, and Asia including Middle Eas

Answer 3

Global South

Question 4

First world

• Home of all members of the G8 or Group of Eight – Canada, France, Germany, Italy, Japan,
  United Kingdom, Russia and United Sates of America
• Home of the four powerful permanent members of UN Security Council
• Developed countries in Asia, Australia and New Zealand

Answer 4

Global North

Question 5

Term used to describe the economic gap between the rich northern countries of the world and
the south poorer countries of the world.

Answer 5

North-South Gap

Question 6

Factors lead to low of standard of living

Answer 6

1. Lack of trade and aid
2. Single crop farming
3. Abundance of debt
4. NeoColonialism

Question 7

Reasons for development gap

Answer 7

1. ENVIRONMENTAL
2. HISTORICAL
3. SOCIO – ECONOMIC

Question 8

• Less population
• High Wealth
• High Standard of living
• High Industrial development
• Industry

Answer 8

NORTH

Question 9

• Large population
• Low Wealth
• Low Standard of living
• Low Industrial development
• Agriculture

Answer 9

SOUTH

Question 10

the richest of the industrialized and democratic nations of the world.

Answer 10

Most Developed Countries (MDCs)

Question 11

countries with little industrial development, little wealth, and high population growth.

Answer 11

Less Developed Countries (LDCs)

Question 12

very low per capital income, low literacy rates, and very little in the way of
manufacturing industries.

Answer 12

Least Developed Countries (LLDCs)

Question 13

Today’s North-South gap traces its roots to the colonization of the Southern world regions by Europe over the past several centuries.

Answer 13

Colonialism

Question 14

What you are spending to bring goods into your country is a greater sum that what you are
making by selling products in the global economy.

Answer 14

Trade

Question 15

Their products were loosing money in the global economy, so they needed to increase
production

Answer 15

Debt

Question 16

The North-South divide has more recently been named the ___?___. This places
greater emphasis on closing the evident gap

Answer 16

Development gap

Question 17

In Terms of Economic Development, There Exists an Enormous Gap Between Northern and Southern Countries, Which Has Been Increased By ?

Answer 17

Globalization