india Flashcards
(22 cards)
what is the core?
the most highly developed area in a country - Mumbai
what is a periphery?
areas of the country outside the economic core region - Bihar
what are a few reasons for uneven development in india between the core and periphery?
Bihar lacked economic investment and development in the colonial period, the urban and rural divide, poor governance, lack of FDI
what is FDI?
foreign direct investment, when a company or individual in one company invest money directly into a company or business in another country. TNCs use FDIs to invest in other countries
whats a TNC?
a transnational coproration - where a corporation / company operates in more than one country
why are FDIs good?
they create job opportunities in the host country, which helps the economy grow and the country to develop
TIP
when talking about TNCs and how FDIs help to develop countries, mainly talk about FDIs because that’s what the TNCs do
what are negatives on FDIs and TNCs
influence the government due to the provision of jobs, therefore the development may happen in ways that only benefit the company. for example, the company may influence the government to allow low wages and not provide safe conditions so that their business costs are reduced.
what is the dependent population?
the people who aren’t working, for example the younger and older people - this is popular in Bihar due to the high fertility rate
what is Mumbai popular for? (Bihar is the complete opposite of this)
range of economic activities which provide many jobs in act and food processing-> lack of job opportunities in Bihar. it attracts migrants from all over india. it’s the worlds largest film industry, Bollywood is done here, 1000 films are produced a year. it accounts for 7% of India’s GDP and 40% of maritime trade. it has cotton and textiles
what is maritime trade?
trade across the seas
what are some characteristics of Bihar?
poor governance, lack of FDI, lack of economic development. lack of job opportunities.
what does demographic mean?
the makeup of India’s population e.g young/old people
what are some social changes in india?
education has been improved - literacy rates have increased. increased inequality - the gap between the poor and rich has gotten wider
what are some economic changes in india?
the quaternary sector has increased, its now the fastest growing market. jobs in the primary sector have decreased from 58% to 26%
what are some demographic changes in india?
life expectancy and infant mortality has improved, fertility rate has decreased
what are some causes to the demographic changes in india?
improved healthcare, improved education (on sex), improved contraception, women become more independent
how has trade changed in india?
india used to be a closed economy, but overtime they get rid of the barrier which closed them off from markets, as they became more integrated into the global market, their exports and imports rose sharply, helping to increase the economic activity within india
what are 2 examples of geopolitcis?
india’s political relationship with Japan whilst bordering china. india and china’s dispute over the brahmupta river which originated in the Himalayas
what are some social impacts of rapid development in india, positive and negative
better healthcare- improves life expectancy. better jobs and income - less poverty. lack of housing- people live in low quality slums. increased pollution- affects health
what are some economic impacts of rapid development in india?
increased tourism - creates jobs. rise in consumerism - increased economic activity. cost of building new and improving infrastructure. pressure to provide new services
