S6(4) Topic 02 (Semester 2) - Development and Globalisation Flashcards
These keywords are a useful review tool for the S6(4) Geography test in the 2nd semester. Please remember to suggest corrections or additions where necessary. (141 cards)
Development
In Geography, development refers to the process of change in a country that improves the quality of life for its people. It’s not just about getting richer (economic growth), but also includes improvements in social factors (like education and health) and political factors.
Think of it as a country progressing or moving forward in various ways to make life better for its citizens. However, as the syllabus highlights in the theme “The complexity of a global world: a world with inequalities,” this process is uneven across the globe, leading to differences between countries.
Economic growth
Increase in the size of a country’s economy over a period of time (e.g. GDP)
How about per Capita?
How about with PPP?
How about alternative economic indicators?
How about social indicators
Quality of life
An individual’s perception of their position in life in the context of the culture and value systems in which they live and in relation to their goals, expectations, standards and concerns”.
Sustainability
The ability to maintain or support a process over time without impacting the ability of a future generation to do the same.
Poverty
The state of being extremely poor, the state of being inferior in quality or insufficient in amount. It means lacking the basic capacity to participate effectively in society.
It includes not having enough to feed and clothe a family, or access to basic necessities like a school, clinic, land to grow food, a job, or credit.
North South divide (Global north and south)
The extreme difference in wealth between the rich (Northern) countries of the world and the poorer countries of the South. Marked by the Brandt line.
Developing country, LIC, LEDC, LDC
A poor agricultural country that is seeking to become more advanced economically and socially
Low Income Country
Less Economically Developed Country
Least Developed Country
LEDC
Less economically developed country
Also referred to as developing economies.
Also referred to as LICs (Low Income Countries).
MEDC
More Economically Developed Country
Also referred to as industrialised economies.
Also referred to as LICs (Low Income Countries).
LDC
Least Developed Countries. Recent thresholds for inclusion have been around $1,088 USD or less GNI per capita. Reports indicate that LDCs are home to a large percentage of the world’s extreme poor (those living on less than $2.15 a day).
NIC
Newly Industrialized Countries
Industrialised following world war II.
Also referred to as emerging economies.
Also referred to as MICs (Middle Income Countries).
RIC
Recently Industrialied Countries
Industrialised more recently than NICs (hence the name) in the 1980s and 1990s.
Also referred to as emerging economies.
Also referred to as MICs (Middle Income Countries).
OPEC
Organization of the Petroleum Exporting Countries
Fourth world
The most underdeveloped populations in a country that lives on their own (indigenous peoples). In addition to the country groupings of 1st (Capitalist), 2nd (Communist) and 3rd (Developing) world.
Quantitative indicators
Measure the value (numerical quantification) of something.
Qualitative indicators
Try to measure values and attributes which cannot be easily measured or quantified, e.g Happiness.
Life expectancy
How long people are expected to live
Average years of school
average number of years that students attend school in a country
Literacy rate
How many people can read an write
GNP
Gross National Product is the total economic output by a country`s residents and companies (Nationals)
HDI
Human Development Index is an index that shows three elements of development combined (health (life expectancy), education (average years of schooling) and standard of living( GNI per Capita PPP)
VH HDI > 0.8
H HDI > 0.7
M HDI > 0.55
L HDI < 0.55
Gross National Happiness
GNH is different to HDI. Both are an Index (a combination of indicators that try to represent a country in a number of perspectives)
GDP
Gross domestic product is in borders, measures national income, output, and national coast. GDP also includes income of international. High GDP = economic growth, Low GDP = economic decline
GNP
Gross National Product - produced by the nationals of a country, whether they work within the country’s borders or abroad