Stages of Development Flashcards

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1
Q

What are the four stages of development

A

1) Least developed countries (LDCs)
2) Developing countries
3) Newly industrialised countries (NIC’s)
4) Developed countries

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2
Q

What are the common characteristics of developing countries

A

1) Low level of productivity
2) Imperfect world markets
3) Colonial dominance and dependence
4) Overdependence on agriculture
5) High levels of unemployment
6) High levels of population growth
7) Low living standards

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3
Q

What are the factors influencing a country’s development

A

1) Social
2) Historical
3) Economic
4) Political
5) Physical

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4
Q

What are the physical factors

A

1) Natural Hazards
2) Landlocked countries
3) Natural resources
4) Climate

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5
Q

What is the human factor

A

Historical development

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6
Q

What is the political factor

A

Good governance

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7
Q

What are NIC’s

A

NIC’s are nations that have undergone rapid and successful industrialisation since the 1960s having been previously considered developing countries

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8
Q

What are the factors that result to the success of NIC’s

A

1) A good level of infastructure
2) Skilled but relatively low workforce
3) Cultural traditions that revere education and acheivement
4) Advantage in terms of geographical location

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