Why are some countries more developed than others?

Question 1

What is a HIC

Answer 1

High Income Country (a developed country)

Question 2

LIC

Answer 2

Low Income Country (a developing country)

Question 3

NIC

Answer 3

Newly Industrialised Country

Question 4

BRIC

Answer 4

Brazil, Russia, India, China – key emerging markets, fast growing developing countries.

Question 5

What are the factors influencing a countries development?

Answer 5

The factors influencing a country’s development can be historical, environmental, industrial or linked to issues of debt.

Question 6

Why are there different levels of development within countries

Answer 6

Very often government spending is centred on major cities, rather than rural areas. More highly skilled, and therefore highly paid jobs tend to be in urban, rather than rural areas
● Some LIC countries gain a lot of their wealth from tourism but this may be in very specific areas. Education is often the key to breaking the cycle of poverty, but in some regions of a country, even in HICs, emphasis may not be placed on education and the benefits this may bring in future in terms of getting skilled jobs etc.