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Changing economic world - Coggle Diagram
Changing economic world
Measures of development
GNI
Literacy rate
Access to safe water
People per doctor
Infant mortality rate
Birth and death rates
Life expectancy
HDI
Demographic transition model
Shows the changes over time in a population of a country
The gap between the birth and death rate is called natural change
Causes of uneven development
Physical
Africa - landlocked countries (no access to seas)
Extreme weather like tropical storms, droughts, floods
Lack of supplies such as safe water
Africa, South America and Asia have climate related diseases and pests
Economic
Poverty causes low life expectancy, illness and lack of nutrients in the diet
Most of the worlds trade is between richer countries
Trade
Trade surplus and deficit
Historical
Colonialism
Rich countries have a long history of industrial and economic development
Development gap
Strategies to reduce the gap
Investment - investing money:
development of infrastructure
construction of dams
improvements of harbours and dams
development of new industries
Industrial development
bring employment
higher incomes
education, housing, infrastructure
(multiplier effect)
Tourism
Hot countries like the Bahamas with beaches, wildlife and landscape attracts tourists
Aid
Fairtrade
Loans and debt
UK science and business parks
Group of scientific and technical knowledge based businesses located at a single site
University of southampton science park
Transport infrastructure
South-west 'super highway'
Road improvements
London's crossrail
Airport improvements and heathrow's 3rd runway
North-south divide
The economical differences between the North and the South
Difference in housing, employment, wages, healthcare
Enterprise zones
support economic growth by providing tax breaks and helping businesses to grow