The Changing Economic World Flashcards
What does GNI stand for?
Gross National Income
What does HDI stand for?
Human Development Index
What is development gap?
The difference in standards of living between the richest and poorest countries
What factors affect peoples quality of life?
Environmental - like hazards
Economic - like trade and debt
Social - access to safe water and education etc
Political - such as a stable government or war or conflict
How many stages are shown on a DTM?
5
What stage is the high fluctuation stage where there is high birth and death rate in a DTM?
Stage 1
What happens to the death rate in stage 2 of a DTM?
Decreases
What are possible reasons for death rates to drop in a DTM?
Better healthcare and sanitation
What stages are LICS in the DTM?
stage 1 and 2
What stages are NEES in a DTM?
Stage 3
What stages are HICS in a DTM?
Stage 4 and 5
What does DTM stand for?
Demographic transition model
What do population pyramids show?
The age structure of the male and female population
How many years are shown in each age group in a population pyramid?
5
What is the dependency rate?
The proportion of the population that is dependent upon the working population
What shape is stage one in a population pyramid?
Narrow peak and wide base
What does stage 2 look like in a population pyramid?
/\ - a triangle basically
What does stage 3 look like in a population pyramid?
Like a house shape where the base i extends higher meaning more young people are reaching adult hood
What does stage 4 look like in a population pyramid?
A house shape again but a higher peak and base extending higher up
What does stage 5 look like in a population pyramid?
A shield shape with a very high peak
What is debt relief?
when an LIC is no longer required to pay back the debt from a loan or the interest rate are lowered
What is mircofinance?
a small scale financial support like a loan from banks set up to help the poor.
What is industrial development?
creating new jobs/ types of jobs often in the form of factories - multiplier effect.
What is aid?
when a country of NGO (non governmental organisation) donates resources to another country to help it develop or improve people’s lives.
What is intermediate technology?
technology that is sustainable and must suit the needs, skills, knowledge and wealth of local people.
What is fair trade?
Sets standards for trade with poorer countries to improve their quality of life and gives them a fairer deal.
