eg. GDP, HDI, literacy rateknow pros and cons-> GDP pros: comparable, cons: only takes money into consideration-> HDI pros: composite (3 indicators in one)
core and periphery model- periphery eg. African countries- semi-periphery eg. China- core eg. USAgoods:- periphery: raw materials- core: value added goods
inequality / disparity: when there is a difference in th way people are treated or paid or there is a difference in the amount of money and possessions they own.
case study: Ghana- drought , 3 million people lack access to safe water -> resort to unsafe and contaminated water sources -> risk contracting water borne diseases eg. cholera -> less economically active & lower productivity -> slow down development- debt that government must pay back -> less investment in developing education, medical healthcare, infrastructure -> limiting development in tertiary sector as there are a lot of unskilled labourers
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