Poverty line (armoedegrens): The amount of money you need at a minimum to live in a country. This differs from country to country.
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Poverty line
Poverty line (armoedegrens): De hoeveelheid geld die je minimaal nodig hebt. Dit verschilt van land tot land. Bijvoorbeeld:
In Nederland is dit het geval: "The poverty line for the Netherlands is drawn at approximately €1,040 a month for a single individual and up to €1,960 for a couple with two children." This is about 34 euros a day
Maar in Afrika dit: 'African households with a consumption level below the 1.9$/day poverty line declined from 40% in 2010 to 34% in 2019. At below 3.2 $/day, the poverty rate fell from 63% to 59%; and at below 5.5 $/day, it fell from 83% to 80%." 1,9$ per day is about 60 dollars a month
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Developing countries
Developing countries (ontwikkelingslanden): These countries are not the rich industrialised countries, but they are generally considered to be poorer.
These countries often lack:
good education
Infrastructure
Good jobs
proper healthcare
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Informal sector
Informal sector (informele sector): The unofficial part of the economy, also known as the black market. The incomes in this sector do not end up in government statistics.
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GDP/Capita
GDP/Capita (BBP/capita): All the money that is made in a country divided by the number op people in a country.
In geography we have three (or four) economic sectors:
Primary sector
Secondary sector
Tertiary sector
(Informal sector)
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Primary sector
Primary sector (Primaire sector): Economic sector that is made up of mining, agriculture and fishing
In the primary sector goods are produced that can be used in other sectors
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Secondary sector
Secondary sector (secundaire sector): economic sector that is made up of industry
In the secondary sector goods from the primary sector are used to make products in factories
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Tertiary sector
Tertiary sector (tertiaire sector): In the tertiary sector, or services sector (dienstensector), the goods of the secondary and primary sector are used for, and sold to consumers
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Primary sector
Secondary sector
Tertiary sector
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Core-periphery model
Core countries (Centrumlanden): Rich countries that are economically more developed than most other countries
Semi-periphery countries (Semi-periferie landen): Countries that are economically in between core and periphery
Periphery countries (Periferie landen): Poor countries that are economically less developed
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Periphery
Periphery countries (Perifere landen): Poor countries that are economically less developed
Mostly work in the primary sector
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Semi-periphery
Semi-periphery countries (Semi-periferie landen): Countries that are economically in between core and periphery
Mostly work in the secondary sector
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Core
Core countries (Centrumlanden): Rich countries that are economically more developed than most other countries
Mostly work in the tertiary sector
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Social inequality
Big differences between groups of people
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Regional inequality
Big differences in income within a country, or region
These regions can be divided into the pieces of the core periphery model
Core
Semi-periphery
Periphery
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Semi-periphery
Core
Periphery
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Globalization
Globalization (globalisatie): Process through which regions of the world are connected more and more
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Causes of globalization
More Multinational corporations (MNC's)
More open borders
Phones and the internet
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Multinational corporation (MNC)
Multinational Corporation (MNC) (Multinationale organisatie (MNO)): Large company that has factories and offices in multiple countries
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Open borders
Quicker travel in the EU
After the Brexit going to the UK takes 45 minutes extra
So before the open borders in the EU going to Pula, Croatia would take 3 hours and 45 minutes extra