TOPICS
- The International
Distribution of Income
- Characteristics of the LDCS (DVCs)
- Obstacles to Development and the Role of
Government
OUTCOMES
Identify various terms
that are used to name the rich and poor countries,
including the "global south" and have a general
understanding of where thay are on a world
map.
Where do most of the world's
people live?
Why does Africa look so small on
many maps?
Describe the world distribution of
wealth
What is the "vicious cycle" and
how does population growth affect it?
How is the level of
saving related to the level of investment and
productivity in the cycle of poverty?
How is the level of saving related
to the level of investment and productivity in the cycle
of poverty?
Identify the characteristics of
DVCs.
How does population growth affect
the growth in GDP per capita?
Where did Maltus go
wrong?
Define and give examples of the
primary, secondary, and tertiary sectors of an
economy
List some of the obstacles to
economic development.
Discuss the role of the DVC
government in promoting economic development within their
country
Describe how IACs can help
low-income countries including the trade vs. aid
debate
How can agricultural subsidies in
the IACs (MDCs) negatively affect economic growth in the
DVCs (LDCs)?
Describe the growth rates of IACs
and DVCs and the growing absolute income gap between rich
and poor countries.
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