Notes 5.3 Flashcards

1
Q

NIDL in LDCs

A
  • largest concentration of jobs in LDCs = primary sector
  • LDC’s then focus on exporting raw materials to NICs (and to some degree, MDCs)
  • Example: Tanzania, DRC
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2
Q

NIDL in NICs

A
  • largest concentration of jobs in NICs = secondary sector
  • NICs focus on manufacturing finished goods for MDCs
    • often receive raw materials from LDCs
  • NICs want manufacturing companies to move parts of their business form HDCs to them
  • NICs try to attract these businesses through several means:
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3
Q

NICs try to attract HDC businesses through several means

A
  1. lowering pay standards for workers
    1. Lowering environmental standards
    2. Tax breaks
    3. Establishing special economic zones (SEZ)
      • SEZs = an area of a country where the economic laws differ from the rest of the country
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4
Q

NIDL in MDCs

A
  1. Largest concentration of jobs in MDCs = tertiary sector (or higher)
  2. one common development: growth of high technology corridors (technopoles)
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