relationship with a country wealth and development indicator

Cards (23)

  • Different countries of the world are classified according to their level of social and economic development
  • Levels of development are dependent on physical, economic and environmental factors
  • Learn about how environmental, economic, and social factors affect a country's development
  • Level of a country's development
    How economically, socially, culturally, or technologically advanced it is
  • Factors influencing a country's development
    • Environmental
    • Economic
    • Social
  • Environmental factors
    • Physical geography (e.g. mountainous terrain)
    • Coastlines and rivers
    • Natural hazards (e.g. tropical storms, floods)
    • Natural resources (e.g. oil)
  • Mountainous terrain
    Can make trade and communications difficult
  • Coastlines and rivers
    Allow a country to trade through export and import of goods, helping it to make money
  • Natural hazards (e.g. tropical storms, floods)
    Can make development difficult
  • Having large reserves of a natural resource (e.g. oil)
    Can benefit economic development if a country is able to harness it
  • Economic factors
    • Poor infrastructure for services (e.g. energy, transport, communications, internet)
    • Dependence on primary or secondary sector rather than tertiary and quaternary employment
  • Poor infrastructure for services

    May hinder a country's economy from growing
  • Highly dependent on primary or secondary sector
    Country will often be less prosperous than one with greater proportion of tertiary and quaternary employment
  • Social factors
    • Historical factors (e.g. legacy of colonialism)
    • Political factors (e.g. government instability, violence, civil war)
  • From the early 14th century, countries, including Britain, began colonising large areas of the world
  • Colonising countries benefited economically from the empire, especially through exploiting the colonised countries' resources, removing their governments, and enslaving their people
  • Government instability
    Can result in violence and civil war, contributing to falling standards of living and contracting economies
  • Environmental, economic, and social elements all play a part in a country's development, and they are often intertwined with each other
  • Birth rate
    Good indicator of social progress, most developed countries have low birth rates, but can be changed by government policies which do not always mean a country is developed
  • Death rate
    Effective as it shows how good a country's healthcare system is, can also indicate a good standard of living, but very rich countries have many older people so death rates can be higher than expected
  • GNI per capita
    Measure of economic development only, says nothing about whether people have a good standard of living, is an average and hides information about very rich or very poor people
  • HDI
    Widely recognised as a good measure of development, takes into account economic measures like income and social measures like education levels
  • What is the cycle of poverty?
    Economic decline - Low personal income - Less access to food and water - Hunger and poor sanitation - Disease malnutrition and death - Depleted workforce. This repeats in a cycle