Podcast
Questions and Answers
Which of the following is an example of a High Income Country (HIC)?
Which of the following is an example of a High Income Country (HIC)?
The Human Development Index (HDI) includes only economic factors.
The Human Development Index (HDI) includes only economic factors.
False
What does GDP per capita measure?
What does GDP per capita measure?
The amount of money in $US that the country has per person.
______ is the average age someone can be expected to live to in a country.
______ is the average age someone can be expected to live to in a country.
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Match the following development indicators with their descriptions:
Match the following development indicators with their descriptions:
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Which of the following factors does NOT contribute to the development gap?
Which of the following factors does NOT contribute to the development gap?
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A landlocked country has easier access to trade compared to coastal countries.
A landlocked country has easier access to trade compared to coastal countries.
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What is the role of social indicators in measuring development?
What is the role of social indicators in measuring development?
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What percentage of the world's urban population lives in slums?
What percentage of the world's urban population lives in slums?
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Access to education is not a major issue for families in poorer countries.
Access to education is not a major issue for families in poorer countries.
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How many children under the age of 5 die each year due to lack of healthcare?
How many children under the age of 5 die each year due to lack of healthcare?
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736 million people live on less than $______ a day.
736 million people live on less than $______ a day.
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Match the following issues with their consequences:
Match the following issues with their consequences:
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Which of the following is a strategy to close the development gap that involves guaranteed prices for farmers?
Which of the following is a strategy to close the development gap that involves guaranteed prices for farmers?
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Many LICs have the required technology and skills to invest in development.
Many LICs have the required technology and skills to invest in development.
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What significant impact do you have when a country's debt is cancelled?
What significant impact do you have when a country's debt is cancelled?
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The lack of clean water and sanitation facilities contributes to ______ and disease.
The lack of clean water and sanitation facilities contributes to ______ and disease.
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What is a potential disadvantage of TNC investment in developing countries?
What is a potential disadvantage of TNC investment in developing countries?
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Study Notes
Development Defined
- Development is the process of change and progress, economically and socially, for people, places, or countries.
- Countries are categorized by their income levels:
- High Income Countries (HICs): e.g., UK, Japan, USA
- Newly Emerging Economies (NEEs): e.g., China, Brazil, India
- Low Income Countries (LICs): e.g., Chad, Malawi, Bangladesh
- Gross Domestic Product (GDP) is the total value of goods and services produced in a country annually.
Development Indicators
- Development Indicators are statistics to understand a country's development level.
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Economic Indicators:
- GDP per capita: the amount of money per person in a country, reflecting wealth.
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Social Indicators:
- Life expectancy: average lifespan, reflecting healthcare quality (higher is better).
- Infant Mortality Rate (IMR): number of deaths under one year per 1000 births, showing healthcare access.
- Literacy Rate: percentage of adults who can read and write, showing education quality.
- Human Development Index (HDI): combines life expectancy, schooling years, and GDP per capita to represent social and economic development.
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Economic Indicators:
Development Gap Causes
- Trade Barriers: Taxes and tariffs on imports/exports limit trade for LICs, hindering their economies.
- Landlocked Countries: Lack of ocean access makes trade difficult and reduces income.
- Corruption: Misuse of government funds negatively affects the population.
- Tropical Climate: Predominant tropical diseases strain healthcare resources in tropical regions.
- Civil War: Disrupts investment, diverts funds, and creates a negative environment for development.
- Natural Disasters: Damage to infrastructure and disruption of development activities.
Consequences of the Development Gap
- Millions lack access to basic necessities and a good standard of living.
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Impact is visible across various sectors:
- Access to Housing: Significant slums (poorest housing) in urban regions, affecting over 30% of the global urban population.
- Access to Healthcare: High infant mortality rates, low life expectancy due to limited access to vaccinations, medicines, and healthcare facilities. 6.6 million children under 5 die annually.
- Access to Education: Limited education opportunities due to financial constraints or employment needs. Over 775 million adults lack basic literacy.
- Employment: Limited employment opportunities due to lack of education and skills. Over 736 million people earn less than $1.90/day.
- Access to Technology: Limited access to technology and skilled labor hinders development. 13% globally lack access to electricity.
- Food and Water Insecurity: Limited food production and sanitation can lead to malnutrition and disease. 815 million people face undernourishment.
Closing the Development Gap
- Strategies to address the development gap include:
- Trade: Investing in LICs (increase global trade)
- Aid: Providing resources to LICs (increase aid)
- Strategies explained in detail: Foreign investment from Transnational corporations, tourism, fair trade, appropriate technology, loans/debt cancellation, and emergency/food provision. Each strategy has advantages and disadvantages.
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Description
Test your knowledge on the concepts of development, including economic and social indicators that measure the progress of countries. Understand the classifications of countries based on income levels and various statistical measures like GDP, life expectancy, and literacy rates.