Give a country a name... Developing Countries (LEDCs) Developed Countries (MEDCs) Least Developed Countries (LDCs) Countries which are appearing at the other side of the industrialisation process. Countries at a lower stage of development. Very low standards of living, life expectancy, high infant mortality and low levels of education. Newly Industrialising Countries (NICs) Countries that have industrialised in the last 40 years. Recently Industrialised Countries Communist countries. Centrally Planned Economies Oil Rich Countries (OPECs) High GPD – but most of the wealth is distributed to a few. Most highly developed countries – have a high standard of living. The Development Gap Key Questions: What is the development gap? Why is there a development gap? How can we close the development gap? What is the development gap? The development gap – the difference in affluence between richer countries and the poorer countries of the developing world. The gap has increased with time. How can LEDCs reduce the gap? • Task • • • Individually, you need to cut out and sort the cards. You must match up a letter and a number The cards can be split into 2 groups 1. Causes of a development gap 2. Solutions to the gap A. Investment B. Government Aid Programs C. Voluntary Aid D. Change terms of Trade 1. Some countries are unstable and vast amounts of money are spent on Civil wars 2. Many countries have the added burden of Natural Disasters such as earthquakes. 3. Many poor countries spend a lot of money paying back the interest on existing loans. 4. Some countries rely on one resource eg coffee. If the international price of coffee drops, the economy suffers. 5. Modern industrial areas require huge amounts of energy. Poor countries do not have these resources 6. LEDCs can encourage transnational companies to invest in there country, this creates jobs and wealth. 7. MEDCs only buy raw material from LEDCs. They then process the goods and sell for maximum profit. 8. Aid given by charities such as Oxfam. Often in response to disasters. 9. LEDCs can borrow money from MEDCs. This can be done in two ways; Bilateral aid Mutli-lateral aid E. International Debts F. Reliance on Primary Products G. Lack of Power H. Natural Disasters I. Political Instability CAUSES OF THE DEVELOPMENT GAP CLOSING THE DEVELOPMENT GAP Why does the gap exist? • Think of ten key words that are associated with the development gap • Produce a report explaining the development gap - you can NOT use any of the key terms that you have identified.