Section B Changing the Economic World Flashcards
(18 cards)
What is development
the progress of a countries economic growth, use of technology and human welfare
Name two indicators of development
GNI per capita
life expectancy
What is the development gap
the difference in levels of development between the richest and poorest countries
how can tourism reduce the development gap
creating the jobs and generating income
3 main causes of uneven development
- Physical causes - Natural Hazards
- Economic causes- resource exploitation
- Historical causes - colonialism
What does HDI stand for
Human development Index
Name one way international aid can reduce the development gap
by funding education, healthcare or infrastructure projects
how has toursim helped jamaica’s development
accounts for 20% of GDP and provides 200,000 jobs
challenges of toursim in jamaica
seasonal jobs, environmental damage, money goes to TNC
What is the TNC
Transnational corporation- a company that operates in more than one country
what is volatile industry
the demands, prices and profits change rapidly and unpredictably
Why is volatile industry bad
unpredictable income
job insecurity
discourages long term planning
What is tied aid
aid is given with conditions where the recipient has to spend aid money on the donors products
Example of tied aid
China exploits Africa by giving them aid and in return Africa lets China invest into African infrastructure so China earns more and Africa earns less
What is goat aid
families in african countries are able to buy a goat to produce food and income
Name 3 economic changes of Nigeria
- Moved from primary sector (farming) to secondary/ tertiary sectors
- rapid urbanisation
- Oil and gas contribute to over 75% of export earnings
Name 3 environmental impacts of Nigeria
- Oil spills in the Niger Delta have damaged farmlands and rivers
-Deforestation for agriculture and urban development - air pollution from traffic and industries
3 positives of shell
65,000 jobs
