Causes of uneven development

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Last updated 7:02 AM on 6/3/26
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5 Terms

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physical

  • landlocked countries are not able to trade easily with other countries without ports

  • These countries therefore cannot charge other countries for their goods and services, reducing economic growth

  • Natural hazards cause significant damage which costs money to repair

  • Businesses can be destroyed, reducing economic growth

  • Facilities such as hospitals and schools can be destroyed

  • Water can be contaminated

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economic

  • international organisations like the world Trade Organisation criticised for not doing enough to establish fair terms of global trade for food and raw materials

  • Countries could be charged more for raw materials so earn less money from these goods

  • Corrupt leaders of LICs have profited from selling resources to TNCs

  • Food prices fluctuate wildly

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strategies of reducing the development gap

  • investment

  • Debt relief

  • Aid

  • Micro finance loans

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investment

  • importing and producing goods inside the borders of many different countries

  • Cash injected into other countries is known as FDI

  • Helps the development process to take place in differet ways

  • Local people employed to build factories and offices

  • Other people will work in these places

  • Multiplier effect

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Micro finance loans

  • HICs loan LICs and NEEs small sums of money

  • Subsistence farmers find it hard to escape poverty

  • Longer life expectancy

  • Higher disposeable income