Reducing the Development Gap Flashcards
What are the 4 strategies to reduce the development gap?
1.
2.
3.
4.
- Investment.
- Industrial development.
- Tourism.
- Aid.
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 _______________________.
employment
taxes
housing, education and infrastructure
healthier and educated
multiplier effect
Tourism can generate a lot of income, but is highly vulnerable to __________________.
economic recession
What is aid?
When a non-governmental organisation (NGO) donates resources to help develop another country or improve people’s lives.
What are the 6 types of aid?
1.
2.
3.
4.
5.
6.
- Bilateral aid.
- Multilateral aid.
- Short-term aid.
- Long-term aid.
- Tied aid.
- Voluntary aid.
What is short-term aid and what 3 things does it include?
Immediate support during or after a disaster.
It includes food, medicines and tents.
What is long-term aid and what is an example?
Sustainable aid that improves the standard of living of a population.
An example is an education programme for young people.
What is bilateral aid?
Aid from one country to another.
True or false: Bilateral aid is tied.
True.
What is multilateral aid?
When HIC’s donate money through international organisations to redistribute money as aid to poorer countries.
What is tied aid?
Aid that may eb given with certain conditions.
In one example of tied aid, the recipient country must spend aid money on the ____________________________.
donor country’s products
What is voluntary aid?
Money donated by the general public and distributed by NGO’s.
What is intermediate technology?
Equipment and techniques that are suitable for their country of use.
What is Fairtrade?
Paying producers a reasonable price for the goods that they produce.
In Fairtrade, the farmer is guaranteed a __________ and gets ________________ from their crop.
Part of the price is _____________ in _______________________.
fair price
all the profit
invested
local community projects
Rich countries use:
Tariffs:
Quotas:
To protect their trade.
Tariffs: The taxes paid on imports.
Quotas: Limits on the quantity of goods that can be imported.
Free trade is when countries do not charge ___________ and ___________.
tariffs
quotas
What is debt relief?
When debts are reorganised to become more manageable or reduced.
What are 2 disadvantages to debt relief?
1.
2.
- Countries may get further into debt as they expect to be written off in the future.
- Corrupt governments may keep the money for themselves.
What is microfinance?
Small loans with reasonable interest rates from the bank for individuals to start up small businesses.
In Jamaica, how much people are provided with jobs because of tourism?
200,000.
Northern areas such as ________________ have wealthy Jamaicans and ___________________ with a ______________________.
Large numbers of people live nearby in ___________________ with lack of ______________________________.
Montego Bay
high-quality housing
high standard of living
poor housing
resources and public services
What is one environmental advantage and disadvantage to tourism in Jamaica?
Advantage: Conservation projects.
Disadvantage: Excessive waste.
