reasons for the “development gap”

Reasons for the “Development

Gap”.

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.

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.

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.

How have some countries managed to play catch up..?

What is a trade bloc ?– Grade C

Why do they exist? – Grade A

Free Trade Areas

Customs Unions

Common Markets

Economic Unions

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)

Target Three – The consequences...

TASK:Sort the

information into positive and negative consequences.

Positive Consequences

Negative Consequences

Positive Consequences Negative Consequences

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.