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GEOGRAPHY GCSE
Nigeria
Ways to reduce the development gap
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Created by
Holly Hirst
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Cards (5)
Industrial Development and Microfinance Loans
Bringing employment, higher
incomes
, and investment opportunities to reduce the development gap through the
multiplier effect.
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Aid
Resources
donated
by companies or countries in the form of money or emergency supplies to
reduce
the development gap.
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Intermediate Technology
Sustainable technology tailored to
local
needs, skills, and wealth, ensuring
environmental
sustainability, often seen in small projects.
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Fair Trade
Enhancing
farmers'
quality of life to reduce the
development gap.
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Debt Relief
Assisting poor countries in
investing
in development projects like industry or infrastructure by canceling debts, enabling improved
living standards.
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