Economic Development & Growth

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This mindmap outlines the main headings that you will need to know when studying for an exam question on economic development and growth
eleanor.adamandi
Mind Map by eleanor.adamandi, updated more than 1 year ago More Less
jackexamtime
Created by jackexamtime almost 11 years ago
eleanor.adamandi
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Resource summary

Economic Development & Growth
  1. Economic Development
    1. An increase in output per person, accompanied by a fundamental change in the structure of society
      1. Fundamental Changes
        1. Changes in farming methods
          1. Movement from rural areas to urban areas
            1. Change in type of work
        2. Economic Growth
          1. An increase in output per person
          2. 5 Stages of Economic Growth
            1. The traditional society
              1. The preconditions for take off
                1. The take-off
                  1. The drive to maturity
                    1. The age of mass consumption
                    2. Characteristics of Less Developed Countries
                      1. Low income per person
                        1. Rapid population growth
                          1. High proportion engaged in agriculture
                            1. Dependence on one crop
                              1. Uneven distribution of wealth
                                1. Poor living conditions
                                  1. Low levels of adult literacy
                                  2. Measures Needed for Development in Less Developed Countries
                                    1. Foreign Aid
                                      1. Improvements to Infrastructure
                                        1. Increased Output from Agricultural Sector
                                          1. Increase Trade Opportunities
                                            1. Prioritise Education
                                              1. Peace & Political Stability
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