Why is GDP per capita not entirely indicative of development?
based on average wealth. not distribution. 1/5 of US population is poor.
come from the earth. agriculture, mining, fishing. lacks structural capacity for workers to change to other jobs. mother nature effects these jobs a lot.
manufacturing. many of these jobs are being outsourced or offshored.
provide goods and services DIRECTLY TO PEOPLE. increasing in MDCs
Why is it important we don't have to grow our own food like in China and India?
we can work elsewhere.
what does it mean the US economy is "post industrial"?
past the industrial revolution.
what is the percentage breakdown of our labor force?
70% tertiary 23% secondary 7% primary
MDC's have more what to increase productivity and therefore need less labor?
financing and what are key because they pay for machinery and other what?
investments, other technology
Where is Africa in much of the DTM?
Europeans left a what void in Africa?
Availability of raw materials and energy resources indicates what?
potential, not actual development.
Not all developed countries have large amounts of what?
Smaller ratios of goods to people in MDCs is good. what does this indicate?
wealth and generation of more wealth.
LDC's products are less essential. Why isn't the ratio very high?
more people are focused on survival.
What is a have-not?
people who don't have the goods
Why are have nots in LDCs denied access to these goods?
no communication to the outside world, corruption, censorship.
Where are the haves concentrated?
Where does the excess GNP go?
schools, healthcare, social services.
What is the outcome of excess GNP going to schools, healthcare and social services?
higher social indicators of development in education.
how many years average are kids going to school?
MDC 10 LDC 2
what are the literacy rates of these MDCs and LDCs
MDC 95% LDC < 30%
why do many MDCs spend less percent of their total GNP on education than LDCs do?
LDCs have less GNP to begin with, and they spend far less per pupil.
Males in MDCs can expect to live ____ years longer than males in LDCs.
females in MDCs can expect to live ____ years longer than females in LDCs.
Infant mortality rate
MDC 1 percent die the first year. US 6:1000 LDC 10 percent die the first year. Mali 119:1000
4 health indicators
1. person/ physician 2. hospital beds/ person US 1:365 Mali 1:18,000 3. calorie intake. >2300 4. public assistance. food stamps
"greatest health factor for a country can be literacy"
being able to read health information
MDcs have more retired workers with ___ and fewer children as % of the total population.
LDC the dependency ratio is high because of younger/older ______ segments in society.
where is the North South split?
30 degrees N
inverse relationship between NIR and doubling time.
1% MDC 2% LDC
inverse relationship CBR and DTM
CBR goes down ans DTM goes up
CDR not an indicator of development why?
better healthcare so there are more old people. CDR is higher because old people die faster
Why is mortality rate for woman in childbirth an indicator for development?
less women die when giving birth in an MDC
US, CANADA. .94 MDC
.78. difficult transition from socialism to free enterprise MDC
Japan and South Pacific
.78 highest % of urbanization in primate cities LDC
.72 sustenance farmers and rising urbanization LDC
.71 highly increasing urbanization LDC
.66 wealth isn't evenly spread LDC
.58 still largely agrarian LDC
.47 agriculture is lagging. resources going to W. Europe. carrying capacity goes down due to climate. farmers have the ability but not the resources to succeed.
1/5 worlds population consumes _____ of the worlds goods.
UN has found no country where women are treated ____ than men
GDI- which country has the highest? Which countries have the lowest? what is the economic indicator? what is the social indicator? what is the demographic indicator?
norway sub-saharan Africa income education and literacy life expectancy
Female baby in an MDC lives on average 6 years longer than male in MDC. Why?
women take better care of themselves. also have jobs that don't involve danger. LDCs the gap is only a year or two
indicators for GEM. 2 indicators
1. the economic indicators are income and professional jobs 2. political indicators are managerial jobs and elected jobs
LDCs promote self-sufficiency
gov. regulates growth spreading the wealth pitfalls: inefficiency and corruption inflation
LDCs increase international trade
persian gulf asset- oil Four dragons- S. Korea, Singapore, Taiwan, Hong Kong Their greatest asset- labor force pitfalls: uneven resource distribution market stagnation increases dependence on MDCs
in spite of the pitfalls of increasing international trade, why is it the preferred approach?
forced trade agreements
what role has the WTO (world trade organization) played since 1995?
How is development to be financed?
-loans from MDCs rich people, banks, microloans -wealthy nations can cancel or refinance debt in exchange for structural adjustment programs -transnational corporations can contribute financing but mostly goes from MDC to MDC
development begins and takes off when an elite group of entrepreneurs initiate leadership and innovation. ex. Steve Jobs