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Factors Affecting Development - Coggle Diagram
Factors Affecting Development
Historical Factors
Colonization: exploitation of resources, long-term economic inequality
Legacy of slavery or apartheid: social and economic imbalances
Wars/conflicts: destruction of infrastructure and human capital
Past policies: influence on current governance and development
Trade and Trade Imbalances
Unequal trade relationships between developed and developing countries
Dependence on raw material exports
Unfair trade tariffs and quotas
Balance of payments issues
Technology and Industrialisation
Access to modern technology boosts productivity
Industrialisation leads to job creation and infrastructure growth
Countries without industrial bases struggle to grow
Digital divide: limits progress in less developed areas
Health and Warfare
Poor healthcare reduces workforce productivity
High infant mortality and disease burden slows development
Lack of clean water and sanitation
Government investment in welfare improves quality of life
Education
Increases employment opportunities and income
Reduces poverty and boosts innovation
Gender disparities in education can limit development
Education quality affects workforce skill level