4.8.2 Barriers to Development

• Economic growth is measured by an increase in a country's GDP over time.


  True
• Steps required to overcome barriers to development

  1️⃣ Invest in infrastructure

  2️⃣ Promote good governance

  3️⃣ Alleviate poverty
• Economic growth refers to an increase in a country's GDP over time.
• Political instability creates uncertainty and discourages investment in developing countries.


  True
• Social and political barriers to development include political instability and corruption.


  True
• Climate change can disrupt agricultural production and infrastructure in developing countries.

  True
• Steps required to overcome environmental barriers to development

  1️⃣ Adopt sustainable development practices

  2️⃣ Invest in green infrastructure

  3️⃣ Address global environmental challenges
• Economic development includes improvements in education and healthcare

  True
• What is the poverty trap in developing countries?

  Cycle of poverty
• Development Economics is the study of how economies in developing countries can grow and improve their living standards.
• The Poverty Trap is a cycle where a country cannot generate enough savings and investment to break out of poverty.
• Lack of infrastructure includes inadequate roads, electricity, water, and communication networks.
• Match the concept with its description:

  Economic Growth ↔️ Increase in GDP over time

  Economic Development ↔️ Improvement in living standards
• The lack of infrastructure makes it challenging for businesses to operate efficiently.
• Corruption involves the misuse of public resources and bribery.
• Climate change impacts include rising temperatures, changing rainfall patterns, and extreme weather events.
• Economic growth refers to an increase in a country's GDP
• Economic development is a broader concept than economic growth
• Match the barrier to development with its description:

  Lack of Infrastructure ↔️ Inadequate roads, electricity, water

  Political Instability ↔️ Frequent changes in government

  Corruption ↔️ Misuse of public resources
• Two key economic barriers to development are the poverty trap and lack of infrastructure
• Lack of infrastructure makes it challenging for businesses to operate efficiently


  True
• Political instability discourages long-term investment
• Three key environmental barriers to development are climate change, natural resource depletion, and environmental degradation
• Infrastructure gaps include deficiencies in transportation, energy, water, and communication networks
• Match the infrastructure deficiency with its impact on development:

  Poor roads ↔️ Hinders trade and increases costs

  Insufficient electricity ↔️ Constrains industrial growth

  Lack of clean water ↔️ Increases health risks
• One strategy to overcome development barriers is investing in infrastructure
• Order the following strategies to overcome barriers to development based on their primary focus:

  1️⃣ Investing in infrastructure

  2️⃣ Promoting good governance

  3️⃣ Fostering economic diversification

  4️⃣ Encouraging international trade
• Overcoming barriers to development requires coordinated efforts

  True
• What does the poverty trap prevent countries from investing in?

  Infrastructure and human capital
• Order the following social and political barriers to development by their primary impact:

  1️⃣ Political Instability: Creates uncertainty

  2️⃣ Corruption: Diverts funds
• Corruption reduces transparency and accountability in developing countries

  True
• What is the impact of climate change on developing countries?

  Disrupts agriculture and infrastructure
• Aid can create dependency on foreign loans for developing countries


  True
• What are some positive aspects of aid in developing countries?

  Funds infrastructure and healthcare
• Promoting good governance helps combat corruption and ensures policy implementation


  True