the changing economic world Flashcards

(41 cards)

1
Q

define development

A

positive change that makes things better for society. as a country develops, it usually means the standard of living is a better quality

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

define birth rate

A

the number of births per year per 1000 people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

define death rate

A

the number of deaths per year per 1000 people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

define adult literacy rate

A

the percentage of the population that can read or write over the age of 15

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

define quality of life

A

the general well being of a person or society, denied by terms of health or happiness, rather than wealth

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Define standard of living

A

the level of wealth available to a certain socioeconomic class in a certain geographical area

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

name limitations of development measures

A
  • data can be out of date or hard to collect e.g during a war
  • some measures change quicker than others as a country develops e.g death rate which can mislead people
  • some indications show a good quality of life but these may be skewed upward by city dwellers and not represent what life is like in rural areas
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

what is the DTM

A

Demographic Transition Model:

a predicted graph to show how a country’s population changes overtime

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

what three things does a DTM measure?

A
  • birth rate
  • death rate
  • total population
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what stage of the DTM would you find the UK

A

Stage 4 - low stationary

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

How do population pyramids link to DTM

A

the population pyramids represents the stages on the DTM

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

State 2 historical factors of uneven development

A
  • conflict (government may be corrupt)

- Colonisation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

State 4 physical factors of uneven development

A
  • Landlocked
  • Poor climate
  • Poor farming land
  • Few raw materials
  • Lots of natural hazards
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

State 3 economic factors of uneven development

A
  • Debt
  • Economy based on primary products
  • Poor trade links
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

State ways how to reduce the development gap

A
  • Fairtrade
  • Debt Relief
  • Investment
  • Industrial development
  • Tourism
  • Aid
  • Microfinance loans
  • Intermediate technology
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Where is Jamaica

A

Located in North America, one of the caribbean islands and it is in the south of Cuba. 800km from Miami

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

How is Jamaica reducing the development gap economically?

A
  • Tourism earned 24% of Jamaica’s total GNI
  • Income from tourism US$2 billion
  • 2032: predicted to earn 32% of Jamaica’s total GNI
  • Cruise tourism has increased to 1.1 mln
18
Q

How is Jamaica reducing the development gap socially

A
  • Tourism employees learn new skills which improve their prospects in the future
  • Employee’s quality of life has improved thanks to increased wages
  • tourist income has been used to improve infrastructure
19
Q

Are all the effects of reducing the development gap in Jamaica positive

A

No

  • Few locals work in highest paid tourist jobs
  • all inclusive tourists don’t contribute much to the local economy
  • Cruise tourists only spend $70/person/day. This is HALF what the other 2.5 mln visitors spend
20
Q

Location of Nigeria

A
  • located in Africa
  • North of the equator
  • neighbouring countries: cameroon, niger, chad and Benin
21
Q

How is Nigeria important to the rest of the world

A
  • By 2050 Nigeria should be in the top 20 largest economies
  • in 2014, nigeria became the worlds largest growing economy
  • Nigeria is also contributing to the global financial services, telecoms and media
22
Q

what is a primary industry

A

they produce raw materials for industries e.g farming

23
Q

what is a secondary industry

A

they take the raw materials produced by the primary escort and process them into manufactured goods and products

24
Q

What is a tertiary industry

A

involved the selling of services and skills

25
what has happened to nigeria’s industrial structure
The tertiary and secondary industries are increasing and the primary industry have decreased
26
why is oil important?
- generates 95% of its earnings | - has helped Nigeria become a NEE
27
How is cement important
- Cement is a big business in Nigeria | - There is a high demand for cement
28
What is a TNC
Trans-National Corporation: | A large company that operates in at least 2 countries
29
Advantages of a TNC
- Gives jobs - Improves peoples skills - Other local companies benefit - The money earned can go into local economy - They help develop mineral wealth and improve energy production
30
Disadvantage of a TNC
- They cause pollution - Sometimes they are paid badly - Working conditions can be poor - Few of the managers are local people
31
Why is SHELL good?
- provides employment for 65000 directly and a further 250000 jobs in related industries - Gives 91% of shell contracts to Nigerian companies - Supporting the growth of Nigeria’s energy sector
32
Why is SHELL bad?
- Oil spills have caused water pollution - Frequent oil flares send toxic fumes into the air - Militant groups disrupt oil supply in the delta
33
Why is Unilever good?
- It employs 1500 people - It improves the quality of life - Improved health care, education and water supply
34
Why is Unilever bad?
- Palm oil could run out | - Palm oil is grown and they have to cut and clear lots of forest areas
35
Define deindustrialisation
the process where heavy industries decline as service and quaternary become more prominent
36
Define globalisation
growth and spread of positivity ideas around the world. this can involve the movement or spread of culture, people, money or information
37
Positives of globalisation
- Economic growth - cheaper goods and services - High value production - Foreign investment - Migration
38
Negatives of globalisation
- less manufacturing - inequality - outsourcing jobs
39
Define post-industrial economy
where manufacturing industries are declining to be replaced by growth in the service sector and the corresponding development of the quaternary sector
40
What is a business park?
A business park is an area of land occupied by a cluster of businesses
41
What is a science park?
A science park is an area full of scientific and technical knowledge based businesses on a single site