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‘Levels of economic development are unequal throughout the world.’ (i) Explain three reasons why the level of economic development is lower in the ‘south’ - Junior Cycle Geography - Question C - 2012
Question C
‘Levels of economic development are unequal throughout the world.’ (i) Explain three reasons why the level of economic development is lower in the ‘south’. (ii) ... show full transcript
Worked Solution & Example Answer:‘Levels of economic development are unequal throughout the world.’ (i) Explain three reasons why the level of economic development is lower in the ‘south’ - Junior Cycle Geography - Question C - 2012
Step 1
Explain three reasons why the level of economic development is lower in the ‘south’.
Answer
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Limited Access to Education: In many southern nations, access to quality education is severely restricted. Poor educational infrastructure and lack of resources lead to lower literacy rates and skill levels, impacting the workforce and economic productivity.
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Political Instability:
Many countries in the south experience political instability, including conflict and corruption. This creates an uncertain investment environment which discourages both local and foreign investments, stunting economic growth and development. -
Dependence on Agriculture: The economies in the south are often heavily reliant on agriculture, which is typically less profitable compared to industrial sectors. This reliance makes them vulnerable to environmental changes and fluctuations in commodity prices, limiting economic diversification and growth.
Step 2
Name two ways in which this can be addressed.
Answer
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Investment in Education: Increasing investment in education can enhance literacy and skills among the population. Initiatives like scholarships and improved infrastructure for schools can help incentivize education.
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Promoting Political Stability: Establishing sound governance and reducing corruption can attract foreign direct investment. Peacebuilding measures and promoting democratic practices foster an environment conducive to economic development.