1 / 9

Chapter 2: Section 3

Chapter 2: Section 3 . The Developing World. Lesson Questions. What are the main goals of developing nations? What economic problems do developing nations face? How does underdevelopment contribute to widespread poverty?. World Economic Patterns.

tbeck
Télécharger la présentation

Chapter 2: Section 3

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chapter 2: Section 3 The Developing World

  2. Lesson Questions • What are the main goals of developing nations? • What economic problems do developing nations face? • How does underdevelopment contribute to widespread poverty?

  3. World Economic Patterns • From the 1300s vast trade networks existed between the Islamic world and Southeast Asia. • During the Age of Imperialism western nations took direct control of this global trade. Thus, creating a new trading pattern. • Imperialist nations encouraged people in Africa, Asia, and Latin to grow cash crops for the world market • Examples of cash crops are cotton ,rice, coffee, sugar

  4. World Economic Patterns continued • Developed nations imported mineral resources such as iron, copper, and tin from developing nations. • In turn, they manufactured the goods and sold the finished products back to the developing countries. • This trade system caused interdependence and countries solely relied on cash crops or mineral resources

  5. Goals of Modernization • Modernization – the setting of political and economic goals to achieve stability and a wide range of goods and services • Political stability- • Colonial powers drew artificial borders to create new nations • Diverse cultures were put into a single country • Lacking a common tradition they competed with each other and often military dictatorships took control

  6. Goals of Modernization cont. • Economic diversity • Producing various crops and goods instead of single chief export • Developing countries have also tried high tariffs which are taxes on imported goods • Tariffs encourage people to buy locally • Many developing countries have resorted to state-owned companies which have proved inefficient • Privatization, the sale of state-owned businesses to investors, has encouraged better quality and efficiency • Education and Services • to improve literacy, which is the ability to read and write • setting up schools to train students for modern economies • improvement of medical care, housing, water, and sewage systems

  7. Goals of Modernization cont. • Mixed Success • Some nations like South Korea and Singapore have improved. These countries are known as NICs or newly industrialized countries. However, most developing countries remained dependent.

  8. Loans and Debt • Developed nations give out loans in return for high interest rates. • Also, they usually obtain special trade rights and often see economic reforms put into to place for their benefit

  9. Problems of Development • Population explosion • Short life expectancy • Harsh government regulations i.e. China’s one child law • Urbanization – Population density is too high leading to overcrowding • Not enough services • Cultural change – the loss of traditional values and new problems such as drug use • Undeveloped countries are falling further behind without modernization

More Related