Trade or aid

Question 1

As the countries grow richer

Answer 1

1) Children get a better education - more responsible jobs
2) Healthcare improves - Children go to school more frequently & adults go to work regularly
* More competitive

Question 2

Better education means

Answer 2

People work more efficiently

Come up with brighter ideas

Question 3

Better health

Answer 3

Less time off work

Increase productivity

Question 4

Poverty in poor countries lead to

Answer 4

1) Disease

2) Unrest across the world

Question 5

What are the UN doing for world poverty

Answer 5

1) Provides ground rules for global economy by setting standards
2) Promoting political stability
3) Fighting international crime
4) Solve global environmental problems like climate change

Question 6

Millennium Development Goals 2000

Answer 6

Provide concrete, numerical benchmarks for tackling extreme poverty
• Human development reaches everyone, everywhere

Question 7

What are the 8 Millennium Goals?

Answer 7

1) Eradicate extreme poverty and hunger
2) Achieve universal primary education
3) Promote gender equality and empower women
4) Reduce Child Mortality
5) Improve Maternal Health
6) Combat HIV/AIDs, malaria and other diseases
7) Ensure environmental sustainability
8) Develop a global partnership for development

Question 8

What does World Trade Organisation do to rebalance the world’s economies?

Answer 8

• Deal with rules of trade between nations
• Creates agreements that are negotiated and signed by world’s trading nations and ratified in their parliament
• Provide the legal ground rules for international commerce

Question 9

International Monetary Fund - rebalance the world’s economies?

Answer 9

1) Provides financial assistance and advice to member countries
2) Responsible for the creation and maintenance of the international monetary system
3) International payment among countries in order to foster investment
4) Promote balanced global economic trade

Question 10

The World Bank - rebalance the world’s economies?

Answer 10

1) Financial and technical assistance to developing countries around the world
2) Helps governments in developing countries reduce poverty by providing them money and technical expertise
∆ Education, health, infrastructure, communication and government reform
3) Provides low-interest loans, interest free credit and grants

Question 11

The G8

Answer 11

Group of the world’s riches industrial countries
*Solve economic problems: Oil Crisis
Development, environment and global security issues
∆ USA Japan Germany France Britain Italy Canada Russia