Flashcards
Untitled
Cards in this deck (20)
- 1what is development?describes the progress of a country as it becomes more economically and technologically advanced as well as quality of life.
- 2what does LIC, NEE AND HIC stand for and how do they compare?Low income country
newly emerging economy
high income country - 3evaluate the use of HDI to measure developmentHDI is an effective way to measure development as it uses multiple factors: life expectancy, education and GDP per capita. This shows the economic and social development of a country. since it is on a scale between 0 and 1 it allows easy comparison.
- 4label the x and y axis of the demographic transition modelx= time
y= birth rate and death rate per 1000 - 5how does the DTM represent development?in stage 1 birth rates and death rates are high. Children are working and there is poor health care. Stage 3 increasing population. higher birth rates than death rates. stage 5 decreasing population. old people dying and less births as mothers are working.
- 6how has colonialism hindered economic development in many LIC's?Many LIC's were colonised by European countries. These countries exploited Africa, South America and Asia for their raw materials. when countries gained independence development was hindered by civil wars, lack of infrastructure, unstable governments and lack of administrative experience.
- 7how does debt relief reduce the development gap?Many countries are in debt which they are struggling to pay off and or are struggling with interest rates. This means that they can't invest their money into developing their country as they need to pay back their debt. By relieving debt countries don't have to pay it off and ca focus on their nation.
- 8how does industrial development and tourism reduce the development gap?Industrial development and tourism provides jobs which supply individual wealth which allows people to improve their quality of life and taxes collected allow the country to improve services.
- 9how much money does jamaica make annually from tourism?$2billion
- 10where is Nigeria located in the world? (boarding countries? landlocked? continent?)Nigeria is a North western African country which boarders Benin, Chad, Cameroon and the south of the country forms a coast to the Gulf of Guinea
- 11describe two ways in which Nigeria is globally importantNigeria has the world's 21st largest economy
7th largest population
12th largest oil producer
Lagos is a thriving 'world city' with a strong economic and financial base
peacekeeping role in world affairs - 12describe one regional importance of NigeriaOne of Africa's fastest growing economies with the highest GNP of the continent
Third highest manufacturing sector in Africa and largest population
highest farm output in Africa, highest number of cattle - 13what caused the north south divide in Nigeria in terms of wealth?The south of Nigeria was heavily invested in by TNC's like Shell for oil and the North was left untouched making it poorer but the South a lot richer.
- 14what is a TNC?a transnational coorporation is a company which operates in more than one country, e.g. Shell is a british industry but operates in Nigeria
- 15How many jobs have been created as a result of oil in Nigeria?65,000 jobs and 00,000 in related industries
- 16Disadvantages of TNCs in Nigeriaexploit the low wage economy and avoid local taxes
poor working conditions
environmental damage
higher paid jobs are usually held by foreign nationals
economic leakage
creates competition - 17Advantages of TNCs in Nigeriaprovide employment and training
modern technology is introduced
invest in local areas improving services and social amenities
might benefit local companies
government gain export taxes - 18What is a science parkA science park is an area where many research and development businesses are found in an area. they can be found near universities. Employ recent graduates.
- 19What is a business park?A group of small businesses on a single plot of land. They are usually located on the edge of towns where land is cheaper. These businesses can involve retailing, small scale manufacturing as well as retail and development.
- 20What is a growth corridor?An area which has good transport links and space to develop businesses that will grow economically.
Information
- Description
- Flashcards on Untitled, created by blessing chinaka19 on 30/01/2018.
- Created by
- blessing chinaka19
- Views
- 0
- Rating