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DVA1501: Development Concepts and Theories
This deck covers key concepts and theories related to global development, including classifications of countries, economic indicators, and sustainable development. It also explores the roles of multilateral organizations and the impact of political and economic systems.
What distinguishes the First, Second, and Third World countries?
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Key Terms
Term
Definition
What distinguishes the First, Second, and Third World countries?
First World countries are capitalist, Second World are communist, and Third World are non-aligned developing countries.
How are countries classified as North and South?
North countries are more economically developed, while South countries are less economically developed.
What does Gross Domestic Product (GDP) measure?
GDP measures the total value of finished goods and services within a country's borders during a specific time period.
What is the Human Development Index (HDI)?
HDI measures average achievements in human development, including life expectancy, education, and GNI per person.
What does the Under-Five Mortality Rate (USMR) indicate?
USMR indicates the number of deaths of children under five per 1000 live births in a year, reflecting health and living conditions.
What role do Multilateral Development Organizations (MDOs) play in South Africa?
MDOs provide financial support, technical expertise, and policy guidance on issues like poverty reduction and sustainable development.
Related Flashcard Decks
| Term | Definition |
|---|---|
What distinguishes the First, Second, and Third World countries? | First World countries are capitalist, Second World are communist, and Third World are non-aligned developing countries. |
How are countries classified as North and South? | North countries are more economically developed, while South countries are less economically developed. |
What does Gross Domestic Product (GDP) measure? | GDP measures the total value of finished goods and services within a country's borders during a specific time period. |
What is the Human Development Index (HDI)? | HDI measures average achievements in human development, including life expectancy, education, and GNI per person. |
What does the Under-Five Mortality Rate (USMR) indicate? | USMR indicates the number of deaths of children under five per 1000 live births in a year, reflecting health and living conditions. |
What role do Multilateral Development Organizations (MDOs) play in South Africa? | MDOs provide financial support, technical expertise, and policy guidance on issues like poverty reduction and sustainable development. |
What are the three pillars of sustainable development? | The three pillars are economy, society, and environment, which must coexist for genuine sustainability. |
What are considered basic needs for development? | Basic needs include water, food, shelter, education, and healthcare. |
How does international trade benefit countries? | It expands markets, provides access to goods and services, and enhances market competitiveness. |
What is the capitalist model associated with the Third World? | It emphasizes private ownership and profit motive as primary drivers of economic activity. |