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Development and Globalization

Development and Globalization. Open textbooks to page 474-479. Take a few minutes to look over the graphs. Levels of Development. Development – process by which a nation improves the economic, political, and social well-being of its people. Developed Nations.

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Development and Globalization

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  1. Development and Globalization

  2. Open textbooks to page 474-479 Take a few minutes to look over the graphs

  3. Levels of Development Development – process by which a nation improves the economic, political, and social well-being of its people

  4. Developed Nations Nations with relatively high average level of material well-being **First World Nations

  5. Less developed country LDC - A nation with a relatively low level of material well being ***Third World Bangladesh Nepal Many nations in sub-Saharan Africa

  6. Newly industrialized country NIC – A less developed country that has made great progress toward developing its economy ***Second world Mexico, Brazil

  7. Measuring Development • Per capita GDP (money per person on average) • Energy Consumption (linked to industrialization) • Labor Force – level of agriculture (subsistence) • Consumer Goods – production of goods • Social Indicators

  8. Social Indicators • Literacy rate • Life expectancy • Infant mortality rate

  9. Rapid Population Growth

  10. Limited Resources and Capital

  11. Political Obstacles

  12. Financing Development • Internal Financing • Foreign Investment • Borrowing and Debt • Foreign Aid

  13. International Institutions • World Bank • UNDP • IMF • NGO

  14. Picture Pages • Sketch a quick picture for each of the five headings • Rapid Population Growth • Limited Resources and Capital • Political Obstacles • Financing development • International Institutions

  15. Growth in Asia Read 497-498 What are the problems of industrialization?

  16. Newly industrialized countries http://www.marketplace.org/topics/world/chinas-toxic-harvest-growing-tainted-food-cancer-villages

  17. You and your partner are the leaders of China • Design a plan to help your people • What international groups might you try to bring into China? • What will your requests be?

  18. Please define (if you have not already) • Subsistence agriculture • Malnutrition • Nongovernmental Organization • Privatization • Globalization

  19. Economies in Transition • Russia • Asia • India • Africa • Latin America Tell us about the region. What are some of its challenges? Successes?

  20. Read 501-508 • Define • Globalization • Offshoring • Remittance • Brain drain • Sustainable development • Deforestation • Answer number 9 on page 508 • TED talks

  21. DBA • 511

  22. p. 509 • Copy the Measure of Development Graph on page 509 • On a piece of paper, draw a picture of a developed country and an undeveloped country

  23. Open Notebook Quest! 1. Please define development

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