The Changing Economic World Flashcards
What are some measurements of development in a country ?
Life expectancy
GNI per head (money earned per person in a country)
Literacy rate
Whats wrong about GNI per head ?
Country’s like quasar have a very small amount of very rich individuals and because its a measure of average they look a very rich country
Whats does the demographics transition model show in stage 4 ?
Low birth rate and death rate meaning in no population growth
HIC countries like UK where the population pyramid is large in the Middle Ages and low in younger and elderly
What does stage 5 of the demographic transition model show ?
A increasing death rate and falling birth rate
Japan
A population pyramid were they’re is a lot of elderly population
Why do people have its of children in LIC countries ?
Because infant morality rates are high
what’s infant morality ?
Where lots of children die as its common in birth or young age
Why might death rate be high in a country ?
Poor healthcare or a famine
What are factors of global inequality of development ?
Poor climate so it’s hard to grow or work in
Low raw materials
Lots of natural disasters
Poor trade
Conflict
What happens as a cause of conflict in LIC ‘S ?
People move to HIC as immigrants to escape for better quality aulity of life and jobs
What are some strategies of reducing the development gap ?
Investment from other countries
Aid from other countries
Fair trade around the world
Micro finance
What is micro finance ?
Small loans given to people in LICS which enables hem to start their own business
Pigs for peace
How can the tourism industry helps county that is struggling ?
Helps employ people
Helps protect the environment
Whats the primary sector ?
Agriculture
Whats the secondary sector ?
Manufacturing and factories
What’d the tertiary sector ?
Service and office jobs
Whats the quaternary sector ?
Advanced technology and research
What percentage of people are employed in the primary sector in India ?
42%
What are transnational corporations (TNC’s) ?
Big Company’s that operate in other countries
Why do TNC’s locate they’re factories in LIC’s ?
Cheaper running costs and labour costs
Why do TNC’s locate they’re office and headquarters in HIC’s ?
Higher skilled workers for administrative work because the education is better
Whats the advantages of TNC’s ?
They employ
They pay tax to the county’s government which helps the country’s development
what’s the disadvantages of TNC’s ?
They can cause huge job losses when they relocate
Can cause environmental problems for example (shell big oil spills)
What are the 4 different types of aid country can receive ?
Short term
Long term
Bilateral aid
Multilateral aid
Whats short term aid and examples ?
Money and supplies oven to countries for a short amount of time for emergencies
For example uk donating to Syria and turkey for earthquakes
What is long term aid and what are some examples ?
Money invested to a country for a long term project to develop the country
Mosquito nets given to Nigeria to stop malaria over two years programme
what’s bilateral aid ?
When the country receiving aid must spend money on goods and services of the country providing the aid
What multilateral aid ?
When high income countries donate money through big worldwide organisations
Who stopped the secondary sector in the uk and started deindustrialisation ?
Margret thatcher
What does de industrialisation mean ?
More automation in manufacturing
Job losses
Cheaply produced goods
Whats globalisation ?
Where manufacturers move overseas because of labour costs and land costs this is causing global development
how much will cross rail increase London train capacity by ?
10%
What will the HS2 do ?
Link major cities in the uk like Birmingham, Manchester and London
What are Heathrow planning on doing to improve development in the uk ?
Upending up a new runway that will allow another 700 plans a day but will also destroy housing and increase pollution and noise pollution
How many country’s do the EU contain and wha does it do ?
27 and it allows free trade across Europe
The UK left in 2020
What made the north and south divide even more prominent ?
De industrialisation left people in the north without jobs and stopped growth
Wages are lower in the north
Health is worse in the north
Education is worse in the north
What are the benefits of establishing a company in an enterprise zone ?
Reduced taxes
Simple planning rules
Whats the plan to reduce the north and south divide in the uk ?
They are introducing faster broadband to the north with icy will open up more jobs and improve schools.
