The Changing Economic World Flashcards
What is development?
Progress in economic growth, use of technology & improving welfare that country has made
What is the global development gap?
Difference in development between more and less developed countries
What is GNI?
Total value of goods and services produced by country in year (including income from overseas)
What is GNI per head?
GNI divided by population of county
What is GDP?
Total value of goods and services a country produces in a year
What is birth rate?
Number of live babies born per thousand of population per year
What is death rate?
Number of deaths per thousand of population per year
What is infant mortality rate?
Number of babies who die under 1 year old, per thousand babies born
What is people per doctor?
Average number of people for each doctor
As a country develops, the no. of people per doctor should…
Decrease
What is birth rate a measure of?
Women’s rights
What is literacy rate?
% of adults who can read and write
What is access to safe water?
% of people who can get clean drinking water
What is life expectancy?
Average age a person can expect to live to
What is HDI?
Calculated using life expectancy, educational level and income per head
What does the HDI value 0 represent?
Least developed
What does the HDI value 1 represent?
Most developed
Why can individual indicators be misleading if used on their own?
Because as country develops, some aspects develop before others (country may seem more developed than it is)
How were countries classified before?
Into 2 categories:
Richer countries = More Economically Developed Countries (MEDCs)
Poorer countries = Less Economically Developed Countries (LEDCs)
What was the problem with old, simpler classification?
Couldn’t tell which countries were developing quickly & which weren’t developing at all
What are happening to NEEs?
Rapidly getting richer as economy is moving from being based on primary industry to secondary industry
Why is using GNI per head misleading when used on its own? Give an example to back your answer
Bc it’s an average, hide variations between regions in county, between classes
e.g. GNI per head of Russia = might seem quite developed BUT in reality, there’s small no. of extremely people and a lot of very poor people
What does DTM stand for?
Demographic Transition Model
What does a DTM show?
Shows how changing birth rates and death rates affect population growth
What is natural increase?
When birth rate > death rate
What is natural decrease?
Death rate > birth rate
What are the 5 stages of DTM are linked to?
A country’s level of development
In stage 1, what is the birth rate like?
High and fluctuating
In stage 1, what is the death rate like?
High and fluctuating
In stage 1, what is the population growth rate?
0
In stage 1, what is the population size like?
Low and steady
Give an example of a country in stage 1
No counties but some tribes in Brazil
In stage 2, what is the birth rate like?
High and steady
In stage 2, what is the death rate like?
Rapidly falling
In stage 2, what is the population growth rate?
Very high
In stage 2, what is the population size like?
Rapidly increasing
Give an example of a country in stage 2
Gambia
What does stage 1 represent?
The least developed
Why is the birth rate high in stage 1? Give 2 reasons
- No use of contraception
- People have lots of children because poor healthcare means that many infants die
Why is the death rate high and life expectancy low?
Due to poor healthcare or famine
What does stage 2 represent?
Not very developed = many LICs
What is the economy based in stage 2?
Agriculture
Why is the birth rate high in stage 2?
People have lots of children to work on farms
Why did the death rate decrease and life expectancy increase?
Due to improved healthcare and diet
In stage 3, what is the birth rate like?
Rapidly falling
In stage 3, what is the death rate like?
Slowly falling