Development dynamics Flashcards
Brandt Line
A line that divides developed and developing countries on the world map
Bottom-up project
A small scheme, organised by a charity that aims to help families
Capitalism
An economic and political system where trade and other sectors are run by private companies for profit, believe that the richer the country the more developed
Colonialism
The act of getting control over another country, involves occupying their land and results in exploitation of people and country’s resources
Communism
A system which believe that the population should be classless and equal financially
Corruption
Governments that are dishonest for financial gain
Economic inequality
The difference in wealth between the richest 10% and poorest 10% of a country’s population
Frank’s dependency model
Describes neo-colonialism and how a country can gain control over a neo-colony through exploitation and economic dependency
GDP
The value of all produce and spending within a country GDP - gross domestic product
GDP per capita
The value of all produce and spending within a country, divided by the population
Human development index (HDI)
A measure of several indicators including life expectancy, inequality and education
Indicator
A way of measuring development, which focuses on the social, economic or environmental development
Infant mortality rate
The fraction of children under 5 years old that die
Informal work
Self-employed which provides a small wage and limited health regulations
Life expectancy
The average number of years a person is likely to live
