2.4 Strategies to Reduce the Development Gap

Cards (32)

  • Unequal trade agreements widen the development gap by favoring wealthier nations.

    True
  • What does GDP per capita measure?
    Average income per person
  • Order the following strategies for reducing the development gap:
    1️⃣ Foreign Aid
    2️⃣ Fair Trade
    3️⃣ Debt Relief
    4️⃣ Investment in Education and Healthcare
    5️⃣ Sustainable Development
  • Debt relief reduces the financial burden on less developed countries.

    True
  • Match the strategy for reducing the development gap with its strength or limitation:
    Foreign Aid ↔️ May be mismanaged or diverted
    Fair Trade ↔️ Promotes equitable trade terms
  • How did the historical legacy of colonialism contribute to the development gap?
    Disrupted economic and social development
  • Debt relief is a permanent solution for reducing the development gap.
    False
  • Match the strategy with its limitation:
    Foreign Aid ↔️ Dependency on external resources
    Fair Trade ↔️ Structural inequalities remain
    Debt Relief ↔️ Temporary solution
    Sustainable Development ↔️ Coordination and commitment needed
  • Integrating sustainability into development strategies ensures long-term benefits and protects the environment
  • What is one ethical consideration of fair trade?
    Guaranteeing fair wages
  • Balancing economic growth with environmental protection is crucial for sustainable development.

    True
  • What does the development gap refer to?
    Disparities in living standards
  • Match the cause of the development gap with its explanation:
    Conflict and Political Instability ↔️ Diverts resources and disrupts social services
    Environmental Degradation ↔️ Reduces economic potential
  • Literacy rates are a key indicator of the development gap.

    True
  • What is the purpose of foreign aid in reducing the development gap?
    Financial and technical support
  • Investment in education and healthcare builds human capital
  • What is a limitation of debt relief as a strategy to reduce the development gap?
    Temporary solution
  • What is one strength of foreign aid in reducing the development gap?
    Direct financial support
  • What is a limitation of investing in education and healthcare to reduce the development gap?
    Requires sustained funding
  • Assessing the effectiveness of development strategies involves evaluating their strengths and limitations.

    True
  • How does foreign aid support sustainability in less developed countries?
    Funding renewable energy projects
  • Sustainable development addresses social justice and community well-being
  • The development gap is measured using indicators such as GDP per capita, life expectancy, and literacy rates
  • The development gap indicators highlight disparities in wealth, health, and education
  • Match the key cause of the development gap with its description:
    Inadequate Education and Healthcare ↔️ Reduces human capital and living standards
    Historical Legacy of Colonialism ↔️ Disrupted economic and social development
  • What does sustainable development aim to balance?
    Economic growth and environmental protection
  • Conflict and political instability exacerbate poverty and inequality
  • Fair trade promotes more equitable trade terms for less developed countries, helping them compete in the global economy
  • Sustainable development promotes economic growth while protecting the environment
  • What is one ethical consideration of investing in education and healthcare?
    Fostering responsible decision-making
  • Balancing economic growth with environmental protection is a key ethical consideration in development.

    True
  • Match the strategy with its sustainability or ethical consideration:
    Foreign Aid ↔️ Protecting natural resources
    Fair Trade ↔️ Ensuring sustainable resource use
    Investment in Education ↔️ Promoting sustainable living
    Sustainable Development ↔️ Addressing social justice