The changing economic world Flashcards
1
Q
What are the three classification groups of countries
A
LIC
NEE
HIC
2
Q
Outline the features of an LIC
A
Low avergae income
Agriculture is still main industry
3
Q
NEE
A
High rates of economic growth
Investment from TNC’s
Secondary and tertiary industries
4
Q
HIC
A
High average income
Offic work
Tertiary employment
5
Q
Outline some of the ways to measure developement
A
Literacy rate People per doctor Acces to safe water Infant mortality rate Life expectancy HDI (life expectancy, education and income)
6
Q
Outline social physical factors that can cause un-even developement
A
Bad weather conditions Land locked country Drought Famine Plagues Natural hazards
7
Q
Outline economic factors that can cause un-even developement
A
Loans Trade sanctions Debt Food price fluctuations Unfair trade agreements
8
Q
Outline historical factors that can cause un-even developement
A
War Genocide Corrupt government Colonialism Bad relations
9
Q
Outline the stages of the demographic trasnition graph and its link to classification
A
Stage 1- LIC stage 2- Lic stage 3- NEE stage 4- NEE/HIC stage 5- HIC
10
Q
Outline the consequences of un-even developement
A
People migrate to more developed countries
Rural-urban migration
Debt- become dependant on HIC
