28 - Economic and Sustainable Development

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12 Terms

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sanitation

Environment may be their source of food, fuel, ________, and waste disposal.

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Sustainable development

________: economic development that is conducted with depletion of natural resources.

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Economic growth

________: an increase in the real output of an economy over time (less multidimensional)

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Economic development

qualitative measure of the countys standard of living (more multidimensional)

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Sustainable development

economic development that is conducted with depletion of natural resources

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relationship between sustainability and poverty

poor people in LEDCs have to rely more on the environment than rich countries/people

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Characteristics of LEDC’s

  • Low levels of GDP per capital

  • High levels of poverty

  • Relatively large agriculture sector

  • Large urban informal sector

  • High birth rate

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How does real income increase?

an increase in the quality of life

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Foreign aid

money, food or resources given or lent by one country to another.

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Humanitarian aid

food aid, medical relief and emergency relief aid which is often provided by nongovernmental organisations (NGOs).

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Official development assistance

aid which is granted to economically less developed countries by governments is called.

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Programme aid

funding provided for specific programmes which is dependent on the recipient adhering to specific conditions.