The changing of the economic world Flashcards
1
Q
Why is aid needed in Nigeria?
A
- 60% of the population is living in poverty (less than $1 a day)
- Birth rates high
- Infant mortality rates high
- Life expectancy low
- Nigeria has one of the highest death rates from Malaria in the world (the disease cause long term health problems)
2
Q
What are the environmental impacts of economic development?
A
- 70- 80% of forests have been destroyed through logging, farming, urbanisation etc.
- Nigeria’s energy consumption has increased, meaning lots of pollution and greenhouse gasses released
- Demand for oil leads to destruction of the area around the Niger Delta and destroys habitats
- Waste disposal is a big issue (there are too many people for the system to cope with all their rubbish
3
Q
What TNC’s are in Nigeria?
A
- Unilever
- Shell
4
Q
Where is Nigeria?
A
West Africa, North of the equator
5
Q
Is Nigeria a LIC, a NEE or a HIC?
A
It’s a NEE (the 3rd largest manufacturing economy in Africa)
6
Q
What is the population of Nigeria?
A
184 million people
7
Q
What is the percentage of Nigerian’s who work in manufacturing?
A
70% of the population
8
Q
What are the advantages of TNC’s?
A
- Creates jobs
- Brings in new skills
- Multiplier effect
- Export revenues
- Brings in new technology
- International links
9
Q
What are the disadvantages of TNC’s?
A
- Leakage of profits
- Lower wage levels
- Environmental damage
- Can withdraw investment
- Exert political influences
- Poor working conditions
