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