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Economic Development & Growth

eleanor.adamandi Business and Economics Leaving Certificate Inglés 13 fichas

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  1. 1Define economic growthAn increase in output per person
  2. 2Define economic developmentAn increase in output per person, resulting in a fundamental change in the structure of society
  3. 3List 3 "fundamental changes" in societyChanges in farming methods
    A movement from rural to urban areas
    Change in type of work
  4. 4What is the first stage of Economic GrowthThe Traditional Society
  5. 5What is the second stage of Economic GrowthThe Preconditions for Take-Off
  6. 6What is the third stage of Economic GrowthThe Take-Off
  7. 7What is the fourth stage of Economic GrowthThe Drive to Maturity
  8. 8What is the fifth stage of Economic GrowthThe Age of Mass Consumption
  9. 9In an LDC, income per person is...Low
  10. 10Population growth in LDCs is...Rapid
  11. 11Who owns the majority of the wealth in an LDC?A small ruling elite
  12. 12What should governments of LDCS prioritise for economic growth?Education
  13. 13What is essential for economic growth to take place?Peace & Political Stability

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Test your knowledge of Economic Development & Growth with these flash cards!
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  • Creado por jackexamtime · 22 ene 2014
  • Copiado por eleanor.adamandi · 22 ene 2014
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