Economic Dev Forgetty Bits 0.0 / 5 ? GeographyEconomic changeGCSEOCR Created by: benjaminfinchCreated on: 30-05-16 17:51 Define Economic Development Wealth of country at a given point in time 1 of 11 Some indicators of development Birth/death rate Infant mortality People per doctor Literacy rate Life expectancy GDP 2 of 11 HDI Life, lit rate, edu level e.g. degree, and GDP/Capita 3 of 11 Environmental factors of development Poor climate, natural hazards, few raw materials 4 of 11 Economic factors of development Debt, poor trade, based economy on Primary 5 of 11 Social factors of development Women in society, as can be economically active, education, drinking water 6 of 11 Political Unstable/corrupt governments or War 7 of 11 Define globalisation Movement of people, ideas, goods, etc around the world with increasing ease. 8 of 11 MEDC impact of globalisation Deindustrialisation, outsourcing of labour 9 of 11 LEDC impact of globalisation Industrialisation and increased employment 10 of 11 Social issues with Globalisaiton Can improve standard of living, but also westernisation and cultural erosion 11 of 11
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