Economic Development
- Created by: Chunk13246
- Created on: 14-03-17 09:09
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- Economic Development
- Aid
- Emergency/ short term aid
- Aid which is needed straight after/ during sudden disasters
- E.g. the 2000 Mozambique floods or the 2004 Asian tsunami.
- Aid which is needed straight after/ during sudden disasters
- Conditional/ tied aid
- Aid which is donated by one country to another, but with conditions put in place, usually in the MEDC's favour
- E.g. the controversial Pergau Dam project in Malaysia, where Britain used aid to secure trade deals with Malaysia.
- Aid which is donated by one country to another, but with conditions put in place, usually in the MEDC's favour
- Charitable aid
- Funded aid given/donated by organisations
- E.g. OXFAM
- Funded aid given/donated by organisations
- Long term/ development aid
- Aid given in the form of teaching local communities skills for sustainable development and education
- E.g. 'Practical Action'
- Aid given in the form of teaching local communities skills for sustainable development and education
- Multilateral aid
- Aid given by international organisations instead of just one country
- E.g. World Bank
- Aid given by international organisations instead of just one country
- Advantages
- Aid saves lives!
- Aid helps rebuild people livelihoods
- It also offers jobs, etc, to people of the community
- The provision of aid, such as machines, education and equipment can improve people's quality of live
- Aid can provide clean water supplies, which can improve the quality of life of some people
- Aid for agriculture - food population increases and there are improvements of food quantity and quality
- Disadvantages
- Aid can icrease the LEDC's want of support from MEDC's
- Aid isn't always there / it can't always be given
- Aid can be used to put political or economic pressure on a country
- Some development projects may lead to water and food costing more money
- Emergency/ short term aid
- Development Indicators
- Health
- Do the population have access to medical care?
- What level or health care is available?
- Basic or advanced?
- Is it free?
- Industry
- What type of industry dominates?
- LEDC's mainly focus on primary industries
- Farming
- Fishing
- Mining
- MEDC's mainly focus on secondary industries
- Manufacturing
- Most advanced countries focus on tertiary or quaternary industries
- Banking
- Information technology
- Education
- Do the population have access to education?
- Is it free?
- What type of education is available?
- Primary
- Secondary
- Further/higher education
- The North South divide
- Thi is a map showing the divide between MEDC's and LEDC's in the world.
- The MEDC's are seen to be in the Nothern hemisphere (and Australia)
- The LEDC's are seen to be in the Southern hemisphere
- Thi is a map showing the divide between MEDC's and LEDC's in the world.
- Health
- Economic Development Indicators
- Gross Domestic Product
- The value of goods and services produced by a country
- Gross Nationnal Product
- This measures the total economic output of a country
- GNP per capita
- A countries GNP divided by its population
- Economic Growth
- Measure increase in GDP, GNP, GNP per capita or GDP per capita
- Inequality of wealth
- Is the gap in income between the countries richest people and poorest people
- Gross Domestic Product
- Human Development Indicators
- Life Expectancy
- The average age a person lives in a country
- Infant Mortallity Rate
- Counts the number of babies, per 1000 births, die under the age of one
- Male/Female Equality
- Compares statistics such as literacy rates and employement between the sexes
- Literacy Rate
- The percentage of adults who can read and write
- Life Expectancy
- Aid
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