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How did the world development gap grow?

How did the world development gap grow?

The gap is generally caused by rich countries being able to exploit the poorer countries as they have the dominant political power to be able to do so. As a result, the poorer countries suffer from lack of resources and spiral into poverty cycles which widen the development gap.

What are the historical reasons for the development gap?

Historical/political factors

  • Trade – goods are traded on a global scale but it is difficult for poor countries to compete.
  • Corruption/poor management – countries need strong, stable and honest leaders to help them develop.
  • War – wars use up resources and make it difficult to produce goods and trade.

Why is it important to close the development gap?

Many believe that the gap between the high income countries (HICs) and low income countries (LICs) is getting wider. Reducing the development gap would lead to an increase in the quality of life for millions of people around the world.

How does tourism close the development gap?

By taking advantage of the tourism industry and exploiting the resources that are available to them, people will be able to earn a living, which reduces the development gap due to more people having jobs and an income. Not only will tourism decrease the development gap directly, but also indirectly through tax revenue.

What is the development gap in the world?

The Development Gap refers to the widening difference in levels of development between the world’s richest and poorest countries. There are many different measures used to assess the development

How are measures used to assess the development gap?

There are many different measures used to assess the development gap. Measuring development is about comparing one country to another. This is achieved by using various human and economic indicators, development data, comparisons and statistics.

Is the achievement gap between rich and poor widening?

But a body of recently published scholarship suggests that the achievement gap between rich and poor children is widening, a development that threatens to dilute education’s leveling effects. It is a well-known fact that children from affluent families tend to do better in school.

Why is the education gap between rich and poor growing?

In another study, by researchers from the University of Michigan, the imbalance between rich and poor children in college completion — the single most important predictor of success in the work force — has grown by about 50 percent since the late 1980s. The changes are tectonic, a result of social and economic processes unfolding over many decades.