Strategies to reduce the development gap

Question 1

what are the different strategies to reduce the development gap?

Answer 1

-investment
-industrial development
-tourism
-aid
-intermediate technology
-fair trade
-debt relief
-microfinance

Question 2

what does investment involve?

Answer 2

-development of infrastructure such as water, roads and electricity
-construction of dams to provide electricity
-improvements to harbors and ports
-development of new industries

Question 3

what does industrial development involve?

Answer 3

-start to develop new infrastructure
-build new roads and ports

Question 4

what does tourism involve?

Answer 4

countries with tropical beaches, spectacular landscapes of abundant wildlife have become tourist destinations

Question 5

what does aid involve?

Answer 5

-when a country or non-government organisation donates resources to another country to help it develop or improve peoples lives
-can come in the form of money, emergency supplies, food technology and skills

Question 6

what are the different types of aid?

Answer 6

-short term
-long term
-tied
-voluntary
-multilateral
-bilateral

Question 7

describe short term aid

Answer 7

emergency help usually in response to a natural disaster

Question 8

describe long term aid

Answer 8

sustainable aid that seeks to improve resilience e.g. reduce the effects of drought

Question 9

describe tied aid

Answer 9

aid may be given with certain conditions

Question 10

describe voluntary aid

Answer 10

money donated by the general public in richer countries

Question 11

describe multilateral aid

Answer 11

richer governments give money to an international organisation which redistributes the money as aid to poorer countries

Question 12

describe bilateral aid

Answer 12

aid from one country to another

Question 13

what does intermediate technology involve?

Answer 13

-sustainable technology that is appropriate to the needs, skills, knowledge and wealth of local people
-it must be sustainable for the local environment and must not put people out of work

Question 14

what does fair trade involve?

Answer 14

sets standards for trade with poorer countries

Question 15

what does debt relief involve?

Answer 15

many of the worlds richest countries agreed to cancel the debt of many LICs

Question 16

how does a country qualify for debt relief?

Answer 16

-if they can demonstrate that they can manage their finances
-if it’s not a corrupt government
-if they agree to spend the debt money to reducing poverty

Question 17

what does microfinance involve?

Answer 17

small scale financial support available directly from banks set up especially to help the poor

Question 18

how does investment help LICs and NEEs?

Answer 18

-provides work and income from abroad
-as economies grow, poverty decreases and education improves
-people become politically involved leading to a better government

Question 19

how does industrial development help LICs and NEEs?

Answer 19

brings employment, higher incomes and opportunities to invest in housing, education and infrastructure

Question 20

how does tourism help LICs and NEEs?

Answer 20

-helps reduce development gap
-leads to investment and increased income from abroad which can be used for improving education, infrastructure and housing

Question 21

how does aid help LICs and NEEs?

Answer 21

-aid can enable countries to invest in development projects that can bring long term benefits
-can help improve peoples quality of life if it focuses on healthcare, education and services

Question 22

how does intermediate technology help LICs and NEEs?

Answer 22

-involves local communities
-makes a real difference in the quality of peoples lives

Question 23

how does fair trade help LICs and NEEs?

Answer 23

-improves the quality of life for ordinary farmers
-helps to ensure that producers in poor countries get a fair deal
-farmer gets all the money from the sale of his crop
-guarantees the farmer a fair price

Question 24

how does debt relief help LICs and NEEs?

Answer 24

-helps poor countries invest in development projects
-by cancelling the debt, some countries have used their money to improve quality of life

Question 25

how doesmicrofinance help LICs and NEEs?

Answer 25

-enables individuals or families to start up small businesses and helps them to become self-sufficient
-increases income

Question 26

what is an example of investment ?

Answer 26

more than 200 Chinese companies have invested billions of dollars in Africa which led to new roads, bridges, stadiums and other projects

Question 27

what is an example of industrial development ?

Answer 27

Malaysia has seen a dramatic growth in its wealth, this is due to the development of its natural resources such as oil and gas

Question 28

what is an example of toursim ?

Answer 28

the Bahamas has become highly dependant on tourism

Question 29

what is an example of aid ?

Answer 29

Goat Aid is a project from Oxfam that helps families in Africa, the money donated is used to buy a family a goat which has many advantages

Question 30

what is an example of intermediate technology?

Answer 30

in Adis Nifas, Ethiopia small farms have been given an area of irrigated land that provides a permanent food supply

Question 31

what is an example of fair trade?

Answer 31

Ugandan coffee farmers earn extra income from Fair Trade Premium

Question 32

what is an example of debt relief?

Answer 32

in Uganda the government has spent debt money to provide safe water to over 2 million people

Question 33

what is an example of microfinance?

Answer 33

Grameen Bank, Bangladesh: the banks was founded to help local people and enables them to buy a mobile phone

Question 34

what does HIPC stand for?

Answer 34

Highly Indebted Poor Country