The North-South Divide (Grade 11 NSC Matric Economics): Flashcards
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North-South divide definition
North-South divide definition
Split between wealthy developed & poor developing countries
Developed countries in southern hemisphere (exceptions)
Developed countries in southern hemisphere (exceptions)
Australia & New Zealand
Asian exceptions to North-South geographic pattern
Asian exceptions to North-South geographic pattern
South Korea, Taiwan, Singapore
North-South divide really about what?
North-South divide really about what?
Economic development, not just physical location
Trade pattern: North imports from South
Trade pattern: North imports from South
Cheap, unprocessed raw materials & agricultural products
Trade pattern: North sells to South
Trade pattern: North sells to South
Expensive manufactured/finished goods
Powerful northern regions maintaining dominance
Powerful northern regions maintaining dominance
USA, Japan, European Union
Brain drain definition
Brain drain definition
Skilled workers leaving their home nations
Conditional aid problem
Conditional aid problem
Aid tied to restrictive trading agreements favouring donors
Millennium Development Goals purpose
Millennium Development Goals purpose
UN framework to reduce North-South gap