Term
the world bank
dept
interest rate
tariff
subsidy |
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Definition
a joint bank owned by over 180 countries, to provide for development.
Where someone owes money and cannot afford to pay it back or has not yet done so.
the charge for taking a loan, given as a % of the loans ( eg. 5% per year)
a tax a government places on import( and sometimes on export)
grant ( eg. for growing crop) |
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Term
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Definition
Social
poltical
economic
Enviromental |
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Definition
education for everyone
equality for women
less children dying
live longer |
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Definition
more money for the country
more jobs |
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Definition
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Definition
sustanibility
lower pollution |
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Term
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Definition
| diffrence between MEDCs and LEDCs and makeing this diffrence less aparent or gone. |
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Term
MEDC
LEDC
NIC
RICH NORTH
Poor South |
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Definition
more economicaly developed country-UK
less economicaly developed country-Nigeria
Newly Industrialising country-south korea
in general the countries north of the line are MEDCs. |
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Term
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Definition
Gross National Product
GRoss Domestic Product |
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Term
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Definition
birth rate
life expecancey
urban population
adult litracy |
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Term
| How can we tackle the development gap? |
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Definition
Trade
Aid
Cancelling Debt
Millenium Development Goals |
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Term
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Definition
Charities like fairtrade(make sure that the farmers get a fair and right price for crops)
Free trade |
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Definition
| Simple medicines costing as little as 50p are life saving and yet they cannot afford them. |
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Term
| Money Relief and Canceling Dept |
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Definition
Giving out loans(micro loans(eg. take out loans of £50 and buy a phone or sewing machine to start a business then slowly repay dept))
eg. in 2005 in Zambia their dept was canceled and they were able to introduce free medical care.
roads can be built, meaning easier access to hospitals, school and farmers to markets. |
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Term
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Definition
| the average European has 200 liters a day/ compared to 10 liters for everyday needs such as cooking, cleaning, washing, etc. |
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Term
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Definition
can't afford medication as well as food, school fees and business running so one will have to give...
less people working, less money
small bits of money mean eat better- healthier, happier. |
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Term
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Definition
re-build schools, homes, hospitals, business buildings, costing alot of money.
loss of money could have been spent on more important things |
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Term
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Definition
less likely to marry young
have children when they are older
their children will be more likely to be well fed and more educated.
increases earning potential
can fight natural disasters with more knowledge.
less likely to take drugs |
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