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for richer for poorer topic
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developed country
a country with a high wealth per person on average, with good health, education and where standard of living is high
developing country
a country with a lower wealth per person on average, with poorer health, and education and where standards of living are lower
standard of living
this refers to the broad level of wealth , comfort, and material goods in a country
quality of life
a measure of a person’s well-being - how happy and content they are with their lifestyle and environment
give 5 ways development can be measured
GDP, infant mortality, food intake, doctors per person, literacy rate
infant mortality rate
the number of children under the age of 1 who die
international aid
the giving of resources by one country or organisation to another country
government aid
aid given by one government to another
short term aid
emergency aid usually given in response to a disaster
voluntary aid
aid given by charities to a country
long term aid
resources given to improve the long term situation of a country
name 2 developed countrys
austrailia, germany
name 2 developing countrys
mali, india
primary economic activity
involves extracting natural resorces, e.g farming, fishing, mining
secondary economic activites
involves manufacturing a product, usually in a factory e.g car production, electronics manufacturing
tetriary economic activities
involves providing a service to the public or other companies e.g transport, health care and education
how does trade influence development
if a country exports highly wanted goods they will be richer as more countries will want to buy it and it will probably cost more compared to a country that exports a less wanted good, as less countries will want to trade with them so they will find it harder to earn money
fairtrade
ensures farmers and workers in developing countries receive fair prices, decent working conditions, and fair terms of trade, promoting sustainable practices and empowering them to improve their lives
GDP
the total value of all final goods and services produced within a country's borders during a specific period, typically a year
GDP per capita
the total value of a country's goods and services (GDP) divided by its population, providing a measure of average economic output per person
exports
the items a country trades out
imports
the items a country trades in
interdependence
when 2 or more countrys rely on each other