IGCSE Development Studies: Specimen Questions with Answers 28 - 29 of 98

Passage

GNP data of South Africa is as follows:

  • South Africa GNP for was $ 0.00 B, a 100 % decline from 2019.
  • South Africa GNP for 2019 was $ 353.53 B, a 6.38 % increase from 2018.
  • South Africa GNP for 2018 was $ 332.32 B, a 7.74 % increase from 2017.
  • South Africa GNP for 2017 was $ 308.44 B, a 0.34 % increase from 2016.

Question 28 (6 of 6 Based on Passage)

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Short Answer▾

Give three reasons of developing country՚s economic problem.

Explanation

Economic Problems Face by a Developing Country Are as Follows

Economic Challenges

  • Transition from free market economies produce, rising standards of living and expanding middle class
  • “Brain drain” – migration of residents to other countries for education or job.
  • Increasing gap between the rich and poor.

Political Challenges

  • Increasing demand for political freedoms and individual rights.
  • Example- Increasing demand for political freedom in Taiwan and South Korea.

Factor Markets

  • Capital markets less efficiently in many developing countries while channeling money to the most productive use.
  • Labor markets work in a less efficient manner where the wage gap between expanding and declining sectors is high.

Passage

High Death Rate

Question 29 (1 of 7 Based on Passage)

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Explain the following:

General fertility rate

Explanation

The rate refers to the proportion of the number of children born per thousand of females, the reproductive child bearing age. Normally 15 to 49-year age are taken for the calculation of fertility rate. The GFR shows how much women in child bearing age added to the existing population through birth.

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