Topic 2 Development Dynamics Flashcards
What are the stages of Rostows theory
Traditional society Pre - conditions for take off Take off Drive to maturity Age of high mass consumption
What is the traditional society stage
Most people work as subsistence farmers, subsistence economy
What is Pre - conditions for take off
Shift from farming to manufacture
Trade increases
Profits invested into new infrastructure
Farming food for sale
What is Take off
Growth rapid
Investment in technology to create new manufacture industries
Take requires profits from overseas trade
Ahat js drive to maturity
Period of growth
Technology used throughout economy
Industries produce consumer goods
What is age of high mass consumption
Period of comfort
Consukers enjoy wide range of goods
Societies choose how to spend wealth: military, education, luxuries
What is frank’s dependency theory
The periphery ( developing ) countries depend on the core ( develpped ) countries for their market. They sell the core raw materials and in return the core pay them
3 criticisms about franks theory
Some poor countries have successfully developed
Countries that followed the socialist model have mostly remained poor ( tanzania )
Rich country influences may be positive for example free aid
Name 5 things that stunts a countries development
Climate Education Shape of land ( steep ) Healthcare Former colonies ( less developed )
What does the human development index measure
Life expectancy
Education level
Income per person
What is globalisation
The increasing connections between places and people across the planet, established through trade, politics and cultural exchanges, and helped by technology and transport.
How do TNCs increase globalisation
Link countries thriugh production and sale of goods
Can bring culture from original country
Brings culture of consumerism to developing countries
How do governments increase globalisation
Promoting free trade
Attracting investment from TNCs - brings jobs, tax payment, promotes economic growth
Privatisation - handing over services to companies e.g rail services in UK owned by Netherlands, Germany and France
How does globalisation increase inequality
Free trade benefits richer countries as profits return to developed country from TNC and poor countries struggle to provide cheaper goods
Richer countries benefit from freer movement, high skilled workers move to developed countries and create brain drain in poorer countries
