The North-South divide

Question 1

What did the North account for between 1950 and 1980 regarding GDP?

Answer 1

Almost 80% but only contained 20% world pop.

South accounted for 80% world pop. but only 20% GDP.

Question 2

What is group 1?

Answer 2

Affluent countries e.g.USA.
Dominated global economy for past 50 years.
Other countries now emerging to test their supremacy.

Question 3

What is group 2?

Answer 3

Contains emerging economies.
30 countries with capita GDP growth rates 3.5%+
Total pop. 3 billion/50% world’s pop.
China and India.
High growth levels - may replace group 1 countries.

Question 4

What is group 3?

Answer 4

50 countries/1 billion people.
Important natural sources e.g. 60% proven oil reserves.
Haven’t been able to translate wealth from natural resources into sustainable economic growth as of yet.

Question 5

What is group 4?

Answer 5

Lagging behind - poorest economies.
1 billion people.
Stagnate/economic decline.
Isolated from global economy - facing crucial development challenges.
Most in sub-Saharan Africa.

Question 6

Why was there a split into 4 economic groups?

Answer 6

South tried to achieve economic improvement relative to rich North countries.
Wealth-generating activities redistributed from richer to poorer zones.

Question 7

What have South states done to improve their economies? 4

Answer 7

1. Increased ability to pursue autonomous industrial policies.
2. Change trade rules.
3. Secure higher levels of development assistance.
4. Encourage transworld movement - makes global economy more fair.