the buying and selling of goods and services between countries

a system that ensure producers in LICs and NEES get a fairer price for goods produced, improving their income and working conditions

when a bank or government tells another governnment that they do not have to pay back the money they owe

support (money, goods or services) given to improve the quality of life of a recipient

technology suited to the needs, skills, knowledge and wealth of local people in the environment in which they live

Strategies to reduce the development gap: Fairtrade, debt relief and aid

Geography

This unit teaches pupils about global economic development. Pupils learn how, using a variety of measures, economic development is unequal and how this is reflected in demographic characteristics. Pupils learn about the causes and consequences of inequality and consider how they can be reduced.

Global variations in economic development

Make trade deals quicker between countries

Give producers in LICs and NEEs a fairer price and better working conditions

Reduce the number of farmers in poorer countries

What is ‘Fairtrade’ designed to achieve?

Increasing the amount of money a country owes

Cancelling or reducing the money a country must pay back

Which of these is a benefit of Fairtrade for farmers?

Fairtrade products are sold worldwide, not just in the UK.

Fairtrade helps producers receive a fair price for their goods.

Fairtrade mostly benefits large corporations in rich countries.

Fairtrade aims to improve working conditions for farmers.

Which of the following statements about Fairtrade is incorrect?

Improvements in the wealth and standard of living of people

Increasing the number of natural disasters

What does ‘economic development’ mean?

A country with very few natural resources

A country with a low Gross National Income (GNI) per person

A country where everyone works in farming

Strong growth in industry and manufacturing

Which of the following is typically a characteristic of a Newly Emerging Economy (NEE)?

The number of tourists visiting a country

What is the Human Development Index (HDI) used to measure?

Which factor can slow down a country’s economic development?

Which region has some of the lowest levels of economic development today?

Exit Quiz