Reducing the Development Gap Flashcards

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1
Q

What are the 4 strategies to reduce the development gap?
1.
2.
3.
4.

A
  1. Investment.
  2. Industrial development.
  3. Tourism.
  4. Aid.
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2
Q

In industrial development:

A factory creates ________________ and _______ for the government.

The money can be invested into _______________________________.

The population becomes more _________________________.

Opportunities for more investments through the _______________________.

A

employment
taxes

housing, education and infrastructure

healthier and educated

multiplier effect

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3
Q

Tourism can generate a lot of income, but is highly vulnerable to __________________.

A

economic recession

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4
Q

What is aid?

A

When a non-governmental organisation (NGO) donates resources to help develop another country or improve people’s lives.

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5
Q

What are the 6 types of aid?
1.
2.
3.
4.
5.
6.

A
  1. Bilateral aid.
  2. Multilateral aid.
  3. Short-term aid.
  4. Long-term aid.
  5. Tied aid.
  6. Voluntary aid.
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6
Q

What is short-term aid and what 3 things does it include?

A

Immediate support during or after a disaster.

It includes food, medicines and tents.

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7
Q

What is long-term aid and what is an example?

A

Sustainable aid that improves the standard of living of a population.
An example is an education programme for young people.

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8
Q

What is bilateral aid?

A

Aid from one country to another.

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9
Q

True or false: Bilateral aid is tied.

A

True.

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10
Q

What is multilateral aid?

A

When HIC’s donate money through international organisations to redistribute money as aid to poorer countries.

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11
Q

What is tied aid?

A

Aid that may eb given with certain conditions.

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12
Q

In one example of tied aid, the recipient country must spend aid money on the ____________________________.

A

donor country’s products

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13
Q

What is voluntary aid?

A

Money donated by the general public and distributed by NGO’s.

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14
Q

What is intermediate technology?

A

Equipment and techniques that are suitable for their country of use.

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15
Q

What is Fairtrade?

A

Paying producers a reasonable price for the goods that they produce.

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16
Q

In Fairtrade, the farmer is guaranteed a __________ and gets ________________ from their crop.

Part of the price is _____________ in _______________________.

A

fair price
all the profit

invested
local community projects

17
Q

Rich countries use:

Tariffs:
Quotas:

To protect their trade.

A

Tariffs: The taxes paid on imports.
Quotas: Limits on the quantity of goods that can be imported.

18
Q

Free trade is when countries do not charge ___________ and ___________.

A

tariffs
quotas

19
Q

What is debt relief?

A

When debts are reorganised to become more manageable or reduced.

20
Q

What are 2 disadvantages to debt relief?
1.
2.

A
  1. Countries may get further into debt as they expect to be written off in the future.
  2. Corrupt governments may keep the money for themselves.
21
Q

What is microfinance?

A

Small loans with reasonable interest rates from the bank for individuals to start up small businesses.

22
Q

In Jamaica, how much people are provided with jobs because of tourism?

A

200,000.

23
Q

Northern areas such as ________________ have wealthy Jamaicans and ___________________ with a ______________________.

Large numbers of people live nearby in ___________________ with lack of ______________________________.

A

Montego Bay
high-quality housing
high standard of living

poor housing
resources and public services

24
Q

What is one environmental advantage and disadvantage to tourism in Jamaica?

A

Advantage: Conservation projects.

Disadvantage: Excessive waste.