Flashcards
Economic Development & Growth
Cards in this deck (13)
- 1Define economic growthAn increase in output per person
- 2Define economic developmentAn increase in output per person, resulting in a fundamental change in the structure of society
- 3List 3 "fundamental changes" in societyChanges in farming methods
A movement from rural to urban areas
Change in type of work - 4What is the first stage of Economic GrowthThe Traditional Society
- 5What is the second stage of Economic GrowthThe Preconditions for Take-Off
- 6What is the third stage of Economic GrowthThe Take-Off
- 7What is the fourth stage of Economic GrowthThe Drive to Maturity
- 8What is the fifth stage of Economic GrowthThe Age of Mass Consumption
- 9In an LDC, income per person is...Low
- 10Population growth in LDCs is...Rapid
- 11Who owns the majority of the wealth in an LDC?A small ruling elite
- 12What should governments of LDCS prioritise for economic growth?Education
- 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!
- Created by
- eleanor.adamandi
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- Created by jackexamtime · Jan 22, 2014
- Copied by eleanor.adamandi · Jan 22, 2014
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