Development Flashcards
Industry types
Primary - using natural resources eg. farming
Secondary - making it eg. manufacture
Tertiary - providing a service eg. teacher
Quaternary - Research and development eg. software developer
Definition of Standard of living
How well off a person or country is focusing purely on the economy
Definition of Quality of life
A measure of how happy and content people are with their lives
HDI
A statistic used to rank countries by level of ‘human development’
Physical factors causing a development gap
Landlocked countries Lack of natural resources Natural Hazards Lack of access to safe drinking water Inhospitable climate
Economic factors causing a development gap
Unfair trade Over reliance on farming Growth of MNCs Lack of technology In debt to other countries
Political factors causing a development gap
Internal instability
Corruption
Cultural factors causing a development gap
Indigenous tribes choosing traditional ways of life
Some societies don’t see the value in material goods
Historical Factors causing a development gap
Former colonies were left in turmoil after given independence eg. India
Causes of changes over time
Rising costs Transport Technology Competition Outsourcing
Outsourcing
Saves money as work is sent elsewhere where it can be done for cheaper
Technology
Advances in ICT means more work from home
Transport
Makes corrupting & migrating easier because there are fewer barriers to travel
Competition
Fewer people are needed to work now eg. banking uses ICT
Rising costs
As wage increases it means costs go up in MEDCs so work moves elsewhere eg. manufacturing