KQ5: To what extent can social and economic inequalities be reduced?

Question 1

How can FDI reduce inequality?

Answer 1

• new form of employment in deprived areas

- investment into transport and infrastructure

Question 2

How would FDI be beneficial to Mali?

Answer 2

• investment opportunities - minerals, mining
• companies develop land
• creates jobs with training

Question 3

What does fair trade and global trade aim to do?

Answer 3

• trade without discrimination

- increase incomes

Question 4

How would fairtrade and global trade be beneficial to Mali?

Answer 4

• 80% population in agriculture so trade price is important and competitive
• communities learn about farming
• less reliant on imports

Question 5

What does the female education and rights method aim to do?

Answer 5

• promotes gender equality
• allows women to take opportunities
• benefits the economy and social

Question 6

What is the limitation with the female education and rights method?

Answer 6

• complicated, involving many different steps and areas

- takes a long time to implement

Question 7

What is international aid and how can it help?

Answer 7

• donation or exchange

- different functions: improve health and living conditions, teaching about sanitation etc etc

Question 8

How could international aid be helpful for Mali?

Answer 8

need initial investment to move away from reliance on agriculture

Question 9

How can ICT reduce inequality?

Answer 9

• access to information = improve political awareness
• help education - more resources
• attract FDI
• development of tertiary

Question 10

What is the issue of improving governance?

Answer 10

• would take years

Question 11

Why could governance be considered as the most important method to reducing inequalities?

Answer 11

encourages all other strategies as it makes the government more efficient

Question 12

How does corruption slow down development?

Answer 12

• lack of investment in services and infrastructure
• wouldn’t attract FDI
• poor health due to lack of investment = lower productivity
• poor education = lower quality jobs
• vulnerable to violence and natural events

Question 13

What are the 6 main methods for reducing inequality?

Answer 13

• FDI
• Fair trade and global trade
• female education and rights
• international aid
• ict
• governance

Question 14

State the 6 ways the UK aims to reduce inequalities as a country?

Answer 14

Tax
subsidies
education 
legislation 
planning
charities

Question 15

what is the sure start scheme?

Answer 15

• Plans to eradicate child poverty by 2020
  - Free childcare, health and early education services
  - Allowed mothers to take part-time work

Question 16

Is sure start and other charity responses short term or long term?

Answer 16

short term

Question 17

what is another example of charitable help?

Answer 17

food banks

Question 18

is subsidies short term or long term?

Answer 18

short term

Question 19

What are subsidies?

Answer 19

• Direct and indirect financial aid
  - Either to increase a low income, to provide financial support if unemployed, to help meet costs of/free of charge goods/services

Question 20

What are some examples of subsidy schemes?

Answer 20

free school meals based on parent income

tax credit system

Question 21

How can tax reduce inequalities?

Answer 21

directly on earnings - redistributing wealth from richer to poorer
indirectly on goods - essentials aren’t taxed

Question 22

How can legislation reduce inequalities?

Answer 22

• to give equal opportunities to all - outlaws discrimination
• aims to help and protect vulnerable low income earners

Question 23

Name two examples of legislations put in place to reduce inequalities

Answer 23

• Minimum wage 1999

- Race relations act 1976