Development: Learning Objectives
Development: Learning Objectives
Development: Learning Objectives
Learning objectives;
i) Define the terms;
- Development
- MEDCS and LEDCS
ii) Outline the main characteristics and
distribution of MEDCS and LEDCS.
iii) Explain the meaning of the term North-South
divide.
Cont.
MEDCS LEDCS
✓Freedom of trade.
✓Improvement in transport.
✓Quick communications.
✓Labour availability and skills.
✓Growth of transnational corporations (TNCs).
Impacts of globalisation
Positive impacts of globalization:
✓ TNCs helps countries; provide new jobs & skills
for local people
✓ TNCs bring money and foreign currency to local
economies
✓ Allows for sharing of ideas, experiences and
lifestyles of people
and cultures
✓ Increases awareness of events in far-away parts
of the world
Negative impacts of globalization