Reducing Development Gap Flashcards

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1
Q

Investment from TNC/ government

A

Increases income, new industries develop as infrastructure develops. High employment and education (politically involved), choice dependant on

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2
Q

Aid, gifting money or services or goods

A

Enables development projects, controversial, not gotten to where needed

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3
Q

Intermediate technology

A

charities train locals to use sustainable technology, increase supplies and children at school and incomes, long term, difficult to find suitable level

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4
Q

Debt relief

A

infrastructure and development projects invested in, not controversial, corruption

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5
Q

Micro finance loans

A

individuals set up a self-sufficient business, escape poverty, high employment

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6
Q

Industrial development, government in manufacturing companies

A

primary products have added value, increase income and employment, effort into policies

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7
Q

Fair trade

A

exports have a higher price, garauntueed minimum pice, regular incomes = more children at school, local economy, environmentally friendly, reliant on trade pattern of consumers in HIcs = number limited

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