Top 6 - The Changing Economic World Flashcards
What is development?
Development is when a country is improving
What is meant by the development gap?
The different in development between more and less developed countries is called the global development gap.
List 5 measurements of development.
Gross national income (GNI) - Total value goods and services produced by a country in a year + overseas
Infant mortality rate - a baby that dies under 1 year
Birth Rate
Literacy rate - number of adults who can read + write
Gross domestic product - Total value goods and services produced by a country in a year
Describe the 5 stages of a demographic transition model
Stage 1 = LIC Stage 2 = LIC Stage 3 = NEE Stage 4 = HIC Stage 5 = HIC
Give two historic factors that can affect how developed a country is.
Most colonised countries are often at a lower level of development.
War ridden countries tend to have to spend a lot of money on repairs and also arms and fighting instead of development.
Give one economic factor that can cause uneven development.
Poor trade links, trade is the exchange of goods and services between countries.
What are the three main causes of economic change in the UK?
De-industrialisation
Globalisation
Government Policies (government decisions on investment)
What sort of industry has become the most important as the UK has becomes post-industrial?
The Tertiary and Quaternary industries are growing has Secondary manufacturing is declining
What are the two reasons for there being an increase in science parks in the UK?
Because there is a large growth in demand for high tech products.
Clusters of related businesses in one place can boost each other.
Give examples of the UK’s strong links with other countries.
Trade Culture Transport (^ need to know) Electronic Communications European Union The CommonWealth
