Download - Reasons for the “Development Gap”
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Reasons for the “Development
Gap”.
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Social and Economic Groupings of Nations...
OBJECTIVES:Indentify FOUR new ways of grouping countries.Explain different social and economic groupings
if nations.Discover the consequences of grouping nations.
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Achieving target one...Grade C – Group the
following countries together.
Grade A – Why have you grouped them in that way..?
USA, Malawi, India, Italy, Japan, China, Saudi Arabia, Mexico, Sudan, Brazil.
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The groupings...Group 1 – Affluent countries – USA, Europe, Japan.Group 2 – Emerging economies, GDP growth of 3%
or more, 50% of the worlds population.Group 3 – Countries with important natural
resources. Group 4 – Those that are lagging behind, isolated
from the global community.
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How have some countries managed to play catch up..?
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What is a trade bloc ?– Grade C
Why do they exist? – Grade A
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Free Trade Areas
Customs Unions
Common Markets
Economic Unions
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The worlds trade blocs...European Union (EU)North American Free Trade Agreement (NAFTA)Association of Southeast Asian Nations (ASEAN)European Free Trade Association (EFTA)South African Development Community (SADC)MercosurAndean CommunityCaribbean Community (CARICOM)
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Target Three – The consequences...
TASK:Sort the
information into positive and negative consequences.
Positive Consequences
Negative Consequences
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Positive Consequences Negative Consequences
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Social and Economic Groupings of Nations...
OBJECTIVES:Indentify FOUR new ways of grouping countries.Explain different social and economic groupings
if nations.Discover the consequences of grouping nations.