Theories and Models: You will need to Know 1.Rostow’s stages of economic growth 2. Wallerstein’s World Systems Theory.

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Presentation transcript:

Theories and Models: You will need to Know 1.Rostow’s stages of economic growth 2. Wallerstein’s World Systems Theory

Research You will need to do research on the following theories: 1.Weber’s theory 2. Von Thunen’s theory

Development A country’s level of development can be determined by indicators: 1.Economic indicators 2.Social indicators 3.Demographic indicators

Major regions of the World 1.Anglo-America 2.Western Europe 3.Eastern Europe 4.Japan and South Pacific 5.Latin America 6.East Asia9. South Asia 7.Southeast Asia10. Sub-Saharan 8.Middle EastAfrica

HDI 1.What is it?? 2.What does it do?? 3.How do you create it?? 4.Where are the higher HDI’s located and where are the lower HDI’s located???

1.Economic Indicators 2. Social Indicators 3. Demographic Indicators`

GDI(Gender-Related Development Index) GEM(Gender Empowerment Measure) What are they?? Explain and analyze each indicator. How are they constructed? What do they mean? How are they used? How do we interpret them?

In small groups analyze figures: 9/17 - 9/24 Write a small paragraph explaining the figures link to examining a countries development.

Obstacles to Development: Trying to encourage rapid growth 1. Adopting policies that promote development. 2. Finding Funds to pay for development.

Obstacles to Development: Trying to encourage rapid growth 1.Development through Self- Sufficiency 2.Development through International Trade

Obstacles to Development: Financing development 1.Loans 2. Structural Adjustment Programs

Overcome Obstacle: Fair Trade 1.Fair Trade Producer Standards 2.Fair Trade Worker Standards