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development

the process of improving the material conditions of people through the diffusion of knowledge and technology

where are more developed countries located?

global north

human development index

determines the standard of living in a country

A country's development is a function of what 3 factors?

per capita GDP, literacy rate, and life expectancy

what is the highest Human Development index?

1

which country and region have the highest HDIs

Western Europe and Canada

Gross domestic product

value of all goods and services produced in a country in a given year

which LDC has had the largest GDP increase lately?

China

What are the economic factors?

GDP, economic structure, worker productivity, natural resources & raw materials, and availability of consumer goods

3 types of jobs

Primary, secondary, tertiary

Primary Sector jobs

most basic jobs

secondary sector jobs

manufacturing

tertiary sector jobs

jobs that provide a service

productivity

the value of a product compared to the amount of work needed to make it

how is productivity measured?

by value added (profit)

what is value added?

the gross value of the product minus the cost of raw materials and energy

The higher per capita GDP helps to ________ value added

increase

which MDCs have no or little natural resources

Japan, Switzerland, Singapore, South Korea

gender inequality

the UN has not found a single country in teh world where women are treated as well as men

What two indexes measure gender inequality?

Gender-Related Development index and Gender Empowerment

gender related development index

measures the disparity between the well being of men and women

gender empowerment

measures the ability of women to participate in the process of improving their standard of living and well-being

% of women in political office

No country on earth has a national parliament or congress with a majority of women

every country has a lower gem/gdi than the gem/gdi

gem/gdi

first female leader of an islamic country

Benazir Bhutto

India's only female PM

Indira Gandhi

Indonesia's only female president

Megawati Sukarnoputri

Israel's first female PM

Golda Meir

Ireland's President

Mary McAleese

Leader of Chile

Michelle Bachelet

Leader of Argentina

Cristina Fernandez de Kirchner

First African woman to win the Nobel Peace Prize

Wangari Maathai

Chancellor of Germany

Angela Merkel

What percentage of the population live in MDCs and consume 5/6 of the worlds goods?

20%

How can goods be spread more equally?

LCDs must develop more rapidly

two biggest obstacles for LDCs to develop

adopting policies that successfully promote development and finding the funds to pay for development

what two models have LDCs chosen to promote development

self-sufficiency approach and international trade

Self Sufficiency Approach

spread investment equally across all sectors of the countrys economy and regions

international trade

what resources does your country have that other countries would want?

countries that have successfully tried the international trade

Four Tigers: Singapore, Taiwan, South Korea, Hong Kong

Two primary sources for funds for LDCs

loans from international banks and investment by transnational corporations

two major leaders in funding

World Bank and International Monetary Fund

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