. Uneven Development - Causes and Consequences (AQA GCSE Geography): Flashcards

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. Uneven Development - Causes and Consequences
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Trade surplus

Exporting more than importing

Colonialism effect on development

Slowed it by stripping countries of wealth

GNI UK vs Chad

UK is 40 times higher than Chad

Life expectancy UK vs Chad

UK: 81, Chad: 51

Mexicans moving to USA annually

130,000

Microfinance loans

Small loans to help people in LICs start businesses

FDI (Foreign-Direct Investment)

Country buys property or infrastructure in another

Debt relief

Cancelling or lowering a country's debt

Fair trade benefit

Farmers get fair prices for products

Landlocked countries problem

Face trade difficulties

Natural resources examples

Oil, minerals, metals, timber, safe water

Education benefit for economy

Creates skilled workforce; people earn & contribute more

Over-reliance on aid problem

Can hinder establishment of trade links

Trading goods/services vs raw materials

Goods & services more profitable than raw materials

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