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Paper 2
The changing economic world
The development gap
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Created by
Reyah Riz
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Cards (4)
What is development?
How
far
the country has grown
economically
and technologically -
positive
change
the
Q
of life and
living
standards
improve
as a country
develops
What are the 4 factors that affect a country's speed of development?
Environmental
- Natural
hazards
may cause damage to buildings and require
re-investment
Economic
- Good trading qualities with other countries (
Trade
) and
debt.
Inflation means
less
money spent by government.
Social
- Access to safe water -
cholera
and
education
, lower Q of life
Political
- Stable government or
civil
war
What is the development gap?
Difference in
standards
of living between the
rich
and
poor
countries
4 factors that affect the Q of L?
Economic
- Income, security
Physical
- Water, climate
Social
- Family, health
Psychological
- Happiness, freedom