The Causes Of The Development Gap

Question 1

What is Gross Domestic Product?

Answer 1

Value of all goods and services divided by a country’s total population.

Question 2

What is GNI?

Answer 2

Gross National Income - similar to GDP however includes income from overseas investment.

Question 3

Social indicators when measuring development

Answer 3

Birth rate, death rate, fertility rate, natural increase, access to safe water, life expectancy.

Question 4

Surplus definition

Answer 4

When a country’s exports exceeds its imports

Question 5

Deficit definition

Answer 5

When a country’s imports exceeds its exports

Question 6

Name five global players

Answer 6

TNCs, UN, WTO, IMF, NGOs

Question 7

Describe the ‘Dependancy’ development theory

Answer 7

Produces a relationship of dominance and dependency, leading to poverty and underdevelopment

Question 8

Describe Rostow’s Development Theory

Answer 8

Argues a country passes through five stages of development, from underdeveloped to developed.
Believed money should be passed from the developed to the developing