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Description
Flashcards by Anna Hollywood, updated more than 1 year ago
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Created by Anna Hollywood
about 10 years ago
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| Question | Answer |
| Why is it not accurate to measure a country's development as a whole? | Because it doesn't show any difference or extremes |
| Define the core region | Based on the urban area, has the majority of the services, businesses and people |
| Define the periphery | It is rural, it is remote countryside involved in producing raw materials and it's poor |
| Define Corruption Perception Index | It ranks countries/territories based on how corrupt their public sector is perceived to be |
| According to the C.P.I, what are the 4 best places to live? | Sweden, Finland, Norway and New Zealand |
| According to the C.P.I, where are 2 of the worst places to live? | Sudan and Chad |
| Define the Democracy Index | An index compiled by the Economist Intelligence Unit (private business) that measures the state of democracy in 167 countries |
| What is the development gap? | The widening difference in development levels between MEDCs and LEDCs |
| Define MEDC | Countries with high levels of economic and social development |
| Define LEDC | Countries with low levels of economic and social development |
| What is the order of the stages in the Rostow model? | The traditional society, the pre-conditions for take off, take off, the drive to maturity, the age of high-mass consumption |
| What happens in 'the traditional society' stage? | Subsistence economy based mainly on farming-insufficient technology to process raw materials or develop services |
| What happens in 'the pre-conditions for take off' stage? | Needs external help to get to this stage...primary activities developed...improvements: GNP, technology, industry, transport |
| What happens in 'take off' stage? | Capital can process raw materials...increasing investment in transport, agriculture and services...improved GNP |
| What happens in 'the drive to maturity' stage? | Economic growth throughout...complex transport system...urbanisation and improved GNP |
| What happens in 'the age of high-mass consumption' stage? | Rapid expansion of service industries...decline in manufacturing |
| What are the four parts of the cycle of poverty? | Subsistence agriculture ---> little/no surplus farm produce --> little/no income --> no investment in land improvement/machinery/materials --> (back to start) |
| How much of global goods and services does the core have and how much does the periphery have? | Core - 80% Periphery - 20% |
| Which out of the core and periphery have the most influence on the global economy and makes the most global investments? | Core |
| What is the dependency theory? | Core countries rely on the periphery for resources & periphery countries rely on core for money |
| What is the multiplier effect (in stages)? | Growth of industry -> demand for workers etc -> people move there ->need food -> shops open, more services needed -> workers needed to build and provide these -> growth continues and settlements and economy expands |
| 5 reasons why a core region develops | Growth of industry...people move there...jobs available...need of services...building housing |
| 3 problems faced by periphery regions | Lack of jobs...poverty...low income |
| What is top-down development? | Big schemes and decisions made by the national government/private companies. Local people often don't get involved in the process |
| What is bottom-up development? | Local people are fully involved in the process and decision making and usually intermediate technology is used |
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