The Changing Economic World Flashcards

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1
Q

What are some measurements of development in a country ?

A

Life expectancy

GNI per head (money earned per person in a country)

Literacy rate

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2
Q

Whats wrong about GNI per head ?

A

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

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3
Q

Whats does the demographics transition model show in stage 4 ?

A

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

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4
Q

What does stage 5 of the demographic transition model show ?

A

A increasing death rate and falling birth rate

Japan

A population pyramid were they’re is a lot of elderly population

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5
Q

Why do people have its of children in LIC countries ?

A

Because infant morality rates are high

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6
Q

what’s infant morality ?

A

Where lots of children die as its common in birth or young age

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7
Q

Why might death rate be high in a country ?

A

Poor healthcare or a famine

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8
Q

What are factors of global inequality of development ?

A

Poor climate so it’s hard to grow or work in

Low raw materials

Lots of natural disasters

Poor trade

Conflict

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9
Q

What happens as a cause of conflict in LIC ‘S ?

A

People move to HIC as immigrants to escape for better quality aulity of life and jobs

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10
Q

What are some strategies of reducing the development gap ?

A

Investment from other countries

Aid from other countries

Fair trade around the world

Micro finance

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11
Q

What is micro finance ?

A

Small loans given to people in LICS which enables hem to start their own business

Pigs for peace

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12
Q

How can the tourism industry helps county that is struggling ?

A

Helps employ people

Helps protect the environment

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13
Q

Whats the primary sector ?

A

Agriculture

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14
Q

Whats the secondary sector ?

A

Manufacturing and factories

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15
Q

What’d the tertiary sector ?

A

Service and office jobs

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16
Q

Whats the quaternary sector ?

A

Advanced technology and research

17
Q

What percentage of people are employed in the primary sector in India ?

A

42%

18
Q

What are transnational corporations (TNC’s) ?

A

Big Company’s that operate in other countries

19
Q

Why do TNC’s locate they’re factories in LIC’s ?

A

Cheaper running costs and labour costs

20
Q

Why do TNC’s locate they’re office and headquarters in HIC’s ?

A

Higher skilled workers for administrative work because the education is better

21
Q

Whats the advantages of TNC’s ?

A

They employ

They pay tax to the county’s government which helps the country’s development

22
Q

what’s the disadvantages of TNC’s ?

A

They can cause huge job losses when they relocate

Can cause environmental problems for example (shell big oil spills)

23
Q

What are the 4 different types of aid country can receive ?

A

Short term

Long term

Bilateral aid

Multilateral aid

24
Q

Whats short term aid and examples ?

A

Money and supplies oven to countries for a short amount of time for emergencies

For example uk donating to Syria and turkey for earthquakes

25
Q

What is long term aid and what are some examples ?

A

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

26
Q

what’s bilateral aid ?

A

When the country receiving aid must spend money on goods and services of the country providing the aid

27
Q

What multilateral aid ?

A

When high income countries donate money through big worldwide organisations

28
Q

Who stopped the secondary sector in the uk and started deindustrialisation ?

A

Margret thatcher

29
Q

What does de industrialisation mean ?

A

More automation in manufacturing

Job losses

Cheaply produced goods

30
Q

Whats globalisation ?

A

Where manufacturers move overseas because of labour costs and land costs this is causing global development

31
Q

how much will cross rail increase London train capacity by ?

A

10%

32
Q

What will the HS2 do ?

A

Link major cities in the uk like Birmingham, Manchester and London

33
Q

What are Heathrow planning on doing to improve development in the uk ?

A

Upending up a new runway that will allow another 700 plans a day but will also destroy housing and increase pollution and noise pollution

34
Q

How many country’s do the EU contain and wha does it do ?

A

27 and it allows free trade across Europe

The UK left in 2020

35
Q

What made the north and south divide even more prominent ?

A

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

36
Q

What are the benefits of establishing a company in an enterprise zone ?

A

Reduced taxes

Simple planning rules

37
Q

Whats the plan to reduce the north and south divide in the uk ?

A

They are introducing faster broadband to the north with icy will open up more jobs and improve schools.