Factors influence on economic development FLASHCARDS NEEDED

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  • Created by: StevenFox
  • Created on: 08-04-16 18:51

Bangladesh

Historical:

  • Colonialised by British East India company - Huge explotation of (limited) resources
  • Civil war in March 1971 ---> Led to independance in 1971

Physical:

  • Monsoon climate
  • Low lying land - prone to flooding
  • Lack of natural resources

Social:

  • Limited education
  • Rapid population growth
  • Farming culture
  • Slow to innovate
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Bangladesh #2

Economic:

  • Large cheap labour supply
  • Exploited by TNC's
  • Reciever of oversees direct investment
  • Still relies on primary industry - Rice

Political:

  • Muslim Banking system
  • Stable democracy
  • Evidence of corruption
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Japan

Historical:

  • Never colonised
  • US aid after Second World War

Physical:

  • Lacks natural resources
  • Temperature climate
  • Limited flat land
  • Long coastline
  • Tectonic hazard

Social:

  • Educated populance
  • Work ethic + business culture
  • Innovative ethic
  • Low population growth
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Japan #2

Economic:

  • Large skilled workforce
  • Source of TNC's - Mitsui
  • Makes overseas direct investment
  • Limited agricultural base

Political:

  • Gives aid, with strings attached
  • Strong Democracy
  • Strict control over the banks
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