Development P2 SEC B Flashcards
What is development?
Improvement to people’s quality of life and standard of living
What factors effect quality of life?
- Social
- political
- Wealth
- Environment - sustainability
- Cultural - democracy/politics
What are the advantages of GNI, as an economic measure of development? (2)
- Easy to measure
- measure country’s level of economic development
What are the disadvantages of GNI?
- doesn’t count happiness
- higher GNI can hide widespread inequality
Why is HDI a good measure to use for judging the development of a country? (3)
- uses 2 types of social data and 1 type of economic data- shows quality of life and standard of living
- updated annually
- gives indication of how the money is spent
What is the difference between standard of living and quality of life?
Standard of living measure economic wellbeing.
Quality of life is about happiness.
Describe the disadvantages of HDI?
- some geographers argue that wealth has too much of an important part, so rich countries can be artificially high in rankings
- some think HDI should include more measured, from a range of 10-15 instead of 3, to give the final score
- GNI may hide widespread inequality of a country
Define GNI.
Gross National Income
- total value of goods and services produced in country ,plus the income of residents and buisnesses
What factors make up HDI?
- life expectancy
- number of years of education
- GNI per capita
Name the 3 main causes of uneven development and an example for each.
- Economic causes - most of trade is within richer countries, want to pay as little as possible to LICs ( gte material from LICS cheaper)
- Historical causes - colonisation, wars (due to independence), poverty cycle, high economy already
- Physical causes - natural disasters, landlocked ,extreme climate, lack of safe water, climate related disease
Evidence of disparities in wealth caused by uneven development?
- increases development gap
- LEDCs are exploited for goods and don’t get paid enough, because rich countries are powerful
- corrupt governments - less money goes towards benefiting people
- MEDCs get richer/ stay rich
- HICs have more stable governments - more money put into benefiting people
- ## More trade within MEDCs
- NEES have grown
-in 2014, 35% of gobal welath in N AMERICA , but onlly held by 5% of world’s adult population
effects of migration from uneven development?
- NO JOBS
- OVERPOPULATION
- multicutural
- economic migrants
How can we narrow the development gap?
- improve trade - fair trade, cancel debt (interest rates are high), free trade through WTO
- Aid
- Support for women - local micro-finance schemes
- Work for gender equality - Investment - rich invest into poorer
- Tourism
Define sustainability.
When materials/ resources are used in a way that balance needs of the present without compromising the future
What factors are affected by uneven development?
- wealth
- health
- migration