closing the development gap Flashcards
tncs investment
a country or tnc spend money on a country for example on education health care etc.
how would investments help development
it could lead to more jobs, more people working means more taxes which can be spent on the services. like healthcare and education so more people are healthy to work and are educated this is the multiplier effect
investments and china
china has more than 2000 companies invested in africa like mining, construction etc. e.g, railway construction in Sudan
tourism
it provides and income and people will pay taxes to the government. Tourist will also add more money to the country’s gpd
tourism in jamaica
in 2014 24% of the countries gdp came from tourism,
places like montego bay are richer thanks to tourism
aid
when a country or a NGO donates money to a country to develop or improve peoples lives. this could be food , money or clothes
how does aid help development
helps a country to invest in infrastructure , healthcare and education
the UK and aid
the UK spends o.7% of its gdp on aid to other countries like pakistan, and Bangladesh
intermediate technology
it is sustainable technology appropiate to the countries skill. it does not put the people’s jobs at risk aand helps them , nor does it affect the environment
who does technology help
typically aids for agriculture health and water
technology in Adis Nifas
in Ethopia a small dam has been built as a reservoir for locals to use .
this helps for employment and soil erosion
fairtrade
farmers get a fair wage so long they do not harm the environment
how does fairtrade help
they gain a stronger present in the ecomonic market.
uganda and fairtrade
90% of the coffee farmers are fairtrade and gain an extra income
debt relief
when rich countries pays of the debt of a poor country
