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6 Cards in this Set
- Front
- Back
Development |
A relative term which can be measured through economic or living standards. Such as through- HDI, HPI and GDP |
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Rostow Modernisation theory |
5 stages to develop. Begins at self-sufficient farming, then industrialisation and ends at mass production |
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Supporters of MT |
Functionalist 1)Durkheim- 'societies would progress through industrialisation' 2) Weber- 'Advancing scientific breakthroughs allow countries to develop like in the west' 3) Kerr- 'countries need western politics and social values to develop' |
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Neo Liberalism |
Friedman- free markets can be used to help a country develop significantly E.g. Tiger Economies such as Hong Kong or Singapore which prove removal of tariffs lead to development |
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Critiques of Neo Liberalism |
Tiger Economies got in a lot of trouble in 1990s as they had not gradually developed. |
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Dependency Theory- Frank |
1) MEDCs exploit LEDCs 2) MEDCs used LEDCs to progress through colonialism meaning not all countries can progress like the West 3) After Colonialism countries became dependent on their previous owners. E.g. Jamaica Case Study 4) MEDCs and TNCs set tariffs restricting Free Market trade- Jamaica-Chiquita deal exploits banana selling |