What is the development gap?
The difference in wealth, living standards, and quality of life between countries.
What does MDC stand for?
More Developed Country.
What does LDC stand for?
Less Developed Country.
What is GDP per capita?
Average income per person in a country.
What is the Human Development Index (HDI)?
A measure combining income, education, and life expectancy.
Name one social indicator of development.
Life expectancy / literacy rate / infant mortality rate.
Name one economic indicator of development.
GDP per capita.
How did colonialism cause the development gap?
It exploited resources and slowed long-term development.
Why does reliance on primary industries limit development?
Raw materials earn low and unstable incomes.
How does poor education affect development?
It limits skills and productivity.
How does rapid population growth affect development?
It strains resources and services.
How does corruption widen the development gap?
It misuses money meant for development.
What is foreign aid?
Money or resources given to help development.
What is short-term aid?
Emergency help after disasters.
What is long-term aid?
Support for sustainable development (education, infrastructure).
What is Fair Trade?
Trade that gives producers fair prices and conditions.
What is Foreign Direct Investment (FDI)?
Investment by foreign companies in another country.
How does debt affect development?
Limits spending on health and education.
Name one consequence of the development gap.
Poverty / inequality / migration.
Give one example of a high-income country.
USA / Germany / Japan.
