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499161
Economic Development & Growth
Description
This mindmap outlines the main headings that you will need to know when studying for an exam question on economic development and growth
No tags specified
business and economics
higher secondary
business and economics
leaving certificate
Mind Map by
eleanor.adamandi
, updated more than 1 year ago
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Created by
jackexamtime
almost 11 years ago
Copied by
eleanor.adamandi
almost 11 years ago
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Resource summary
Economic Development & Growth
Economic Development
An increase in output per person, accompanied by a fundamental change in the structure of society
Fundamental Changes
Changes in farming methods
Movement from rural areas to urban areas
Change in type of work
Economic Growth
An increase in output per person
5 Stages of Economic Growth
The traditional society
The preconditions for take off
The take-off
The drive to maturity
The age of mass consumption
Characteristics of Less Developed Countries
Low income per person
Rapid population growth
High proportion engaged in agriculture
Dependence on one crop
Uneven distribution of wealth
Poor living conditions
Low levels of adult literacy
Measures Needed for Development in Less Developed Countries
Foreign Aid
Improvements to Infrastructure
Increased Output from Agricultural Sector
Increase Trade Opportunities
Prioritise Education
Peace & Political Stability
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