Reducing the Development Gap

• Immediate technology is simple, easily learned and maintained technology to serve local needs in LICs
• Microfinance loans are small loans given to people in LICs to help them start a small business
• Top down aid is aid given to the government for distribution
• Bottom up aid is aid given to the local people based on listening to their wants and needs
• Fair-trade aims to give producers in LICs a better price for their goods