the widening difference in standards of living and wellbeing between the world’s richest and poorest countries

the secondary economic sector, involving making goods from raw materials or other manufactured products (for example motor vehicles)

the tertiary economic sector, which includes tourism, banking, education and health

the provision of small-scale loans given to people in LICs to help them start a small business

Strategies to reduce the development gap: industry and investment

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

What sector are manufacturing industries part of?

To provide small loans to help people start businesses

What is the purpose of microfinance loans?

By creating jobs and improving infrastructure

How can investment reduce the development gap?

All new jobs come from large factories built by TNCs.

Small-scale businesses and local investment also create jobs.

Industry only grows through government projects.

Only the primary sector creates jobs in developing countries.

Which of the following is a true statement about job creation in industry in LICs and NEEs?

The number of natural resources a country has

The process of improving quality of life and wealth

What does 'development' mean in geography?

Which of the following is a common measure of development?

A country with low income and limited development

Which of the following best describes an LIC?

The time difference between two countries

The difference in development between rich and poor countries

Which of these is a physical factor that affects development?

Exit Quiz