8081482
Description
Flashcards by Steven Morgan, updated more than 1 year ago
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Created by Steven Morgan
about 7 years ago
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| Question | Answer |
| GNP | Gross National Product Cost of all the goods & services within a country in a year. |
| Literacy rate | How many people can read & write |
| LDC | Less Developed Country (Slowly devleoping) |
| NIC | Newly Industrialized country (quickly developing) |
| Life expectancy | How long a person should live for |
| Name 3 reasons why the world in unequally divided | Colonialism Unfair trade Debt |
| What is colonialism? | When one country takes over another in order to use its resources |
| Empire | A collection of countries ruled by one leader. E.G. British Empire |
| Colonist | A country that has been taken over by another for its resources |
| List 4 problems of the coffee trade | Unfair prices Changing prices Protectionism Dependancy |
| What is a commodity? | Anything that is sold on the world market |
| What is a cash crop? | A crop that is grown for the sole purpose of selling. It is not grown to feed the farmer. |
| Where does coffe rank as a commodity? | 2nd only to oil |
| Name 3 big coffee producing countries | Brazil India Mexico |
| What is Protectionism? | When developed countries put taxes on manufactured coffee form developing countires to protect their own economy. |
| What does this symbol mean? | Fair trade movement |
| Fluctuating prices | Prices go up & down Could be due to supply & demand A disease/failure in crops Climate change/drought Farmers cant plant their income |
| List 3 sources of Aid | Bilateral Multilateral NGO |
| List 3 types of aid | Emergency Development Tied Voluntary |
| What does bilateral mean? | Giving from one country directly to another |
| What does multilateral mean? | Giving aid to a 3rd party group like the United Nations who then give out the aid. |
| NGO | Non Governmental Agency (charity) Goal Trocaire Bothar |
| Emergency aid | Given after a natural disaster Food, tents, medicine, clothes |
| Development aid | Given over long period of time. Given to help develop a country. Schools,roads, wells, hosiptals. |
| Tied aid | Given to a country with strict conditions attached. |
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