changing economc world

• What is the birth rate?

  The number of births per 1000 people
• What is the death rate?

  The number of deaths per 1000 people
• What does deindustrialisation refer to?

  Decline of traditional manufacturing industries
• What does the Demographic Transition Model illustrate?

  Changes in birth rates, death rates, and population
• How is development defined in this context?

  Progress in economic growth and human welfare
• What is the development gap?

  Difference in living standards between countries
• What is Fairtrade?

  Better prices for producers in LICs
• What does globalisation refer to?

  Increased connections in trade and migration
• What is life expectancy?

  Average years a person is expected to live
• What is the literacy rate?

  Percentage of people with reading and writing skills
• What are business parks?

  Areas of offices and warehouses near cities
• What are science parks?

  High-tech industries near university sites
• What is trade?

  Buying and selling goods between countries
• What is a TNC?

  A company operating in multiple countries
• How do TNCs impact global trade?

  They facilitate international buying and selling