changing economic world

• quality of life

  standard of a persons happiness, comfort, and health.

  is measured by HDI
• economic development

  its a country economic wealth

  measured by GNI / capita
• development gap

  all countries r developing but at diff rates.

  shows the gap between LICs + HICs
• GNI per capita

  economic measure

  shows the income of a country divided by its population
• HDI

  is an economic + social measure

  life expectancy, GNI /capita, average yrs of schl

  scored up to 1 (most developed)
• tourism 


  is a strategy to reduce the development gap where countries, organizations or TNC's invest in tourist attractions in a country to make ppl stay longer + spend money
• how does tourism reduce the development gap

  • provides money
  • provides an income for ppl
• limitations of tourism

  • unreliable source bc it can change due to an event e.g pandemic, natural hazard
  • jobs - can be low paid + seasonal
• international aid


  aid given from 1 country to another - food, money, tech
• multilateral aid 


  aid given from 1 country to another thru organizations e.g world bank
• bilateral aid


  aid given from one country to another w/ conditions
• short term aid 


  aid immediately given from 1 country to another to help with some sort of disaster
• long term aid 


  aid given from 1 country to another (to make a big change)- improve quality of life + standard of living
• quaternary sector


  knowledge based jobs
• sustainable industry 


  industry that reaches their needs w/ out damaging the environment for future gen
• north south divide 


  cultural, social + economic diff between the north + south of the UK