Developed VS Developing Countries

Question 1

Economically developed

Answer 1

Global north

Question 2

Developing countries

Answer 2

Global south

Question 3

Indicators of economic development

Answer 3

GDP- Countries yearly profit
Type of employment - high tertiary = rich, high primary = poor
Education/literacy rate - no. of years in school/%of people who can read
Average life expectancy

Question 4

Causes of unequal economic development

Answer 4

Unfair trade- rich countries paying poor countries unfair wage
Globalisation - MNCs setting up in poor countries for low wages

Question 5

Negative effects of Globalisation

Answer 5

Brian drain
Over reliance on other economies
Dominance of MNCs- use uo natural resources