Developed nations and underdeveloped nations

A developed country or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations. Most commonly the criteria for evaluating the degree of economic development are gross domestic product (GDP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.Which criteria are to be used and which countries can be classified as being developed are subjects of debate.
Developed countries have post industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industralization , or undeveloped countries, which are pre-industrial and almost entirely agrarian. According to the International Monetary Found, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP (PPP) in 2010. In 2011, the ten largest advanced economies by either nominal GDP or GDP (PPP) are the United States, Germany, France, the United Kingdom, Japan, Italy, Canada, Spain and South Korea.

 

 In economics, underdevelopment is when resources are not used to their full socio economic potential, with the result that local or regional development is slower in most cases than it should be. Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries only a lop-sided development progression. Underdeveloped nations are characterized by a wide disparity between their rich and poor populations, and an unhealthy balance of trade. Symptoms of underdevelopment include lack of access to job opportunities, health care, drinkable water, food, education and housing.

Economic development around the world

Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.Growth is usually calculated in real terms, i.e. inflation-adjusted terms, in order to obviate the distorting effect of inflation on the price of the goods produced.

For and against tourism

Advantages:
-Aids development (jobs, quality of life)
-Attracts foreign direct investment
-Relatively easy to enter and scale up
-Spread effects 

Disadvantages:
-In general, the jobs are low wage. In most tourism economies the owners/investors and hence the high wage jobs and profits go somewhere else
-Highly susceptible to global markets and seasonal variation
-Can be environmental problem, i.e. putting more pressure on the water system
-Can dilute, commercialize, or Westernize culture
-Can cause social equity problems, i.e. hotels have electricity 24/7 but locals are subject to service disruption

Factory location influences

• Energy source

• Water source

• Distance to get materials for production

• Distance for workers to drive

• Distance to send out products

• Enough space

• Zoning and other laws of the area

 

Light industry

Also called consumer goods industry, it makes products for direct consumption. Its principal characteristics are:

• Consumes fewer raw materials and energy resources than heavy industry and capital goods industry.
• Is generally less contaminating, but modifies natural space because it is centrated in specific areas.
• Usually located near cities and transport links.
• Its size can vary a lot.

There are different types of light industry:

• Food industry

 

• Light chemical industry

•  Electronics and computing industry

•  Automobile industry

•  Textile industry

Map of the main international political organizations

This map shows us the political organizations of each of the countries.

Bar chart of the number of internet users in the world

This bar chart shows us the number of Internet users in the world.

In the past five years, the global Internet population has grown from about 1 trillion to 1.6 trillion, and thisgrowth is not goingto stop in the short term. However, future growth is not equally distributed throughout all regions of the planet. The latest report from Forrester ForecastView ensures that the Internet population will increase in all countriesthe world over the coming years, but emerging markets will grow at a faster pace. In 2014, one third of Internet users come from Brazil and Russia.

Map of the world’s gross domestic product

 

Countries of the world sorted by their gross domestic product (GDP) to values ​​of purchasing power parity (PPP), the sum of all goods and services produced by a country in a year, in relation to purchasing power parity (PPP .) This is an economic indicatorintroduced in the early nineties by the International Monetary Fund in a realistic way to compare living standards across countries, taking into account the per capita gross domestic product in terms of cost of living in each country.

Map of the main tourist areas

 

According to the World Tourism Organization of the United Nations, tourism comprises the activities that make people (tourists) traveling to and staying in places outside their usual environment for a consecutive period of less than one year and more than one day for leisure, business or other reasons.

Map of world trade

The trade is of growing importance in the global economic context, because the portion of production goes to foreign markets has been increasing steadily. In the past 50 years the physical volume of global production grew 8 times while the volume of exports increased 25 times (in value 150 times.) One consequence of this phenomenon is the increasing interdependence of economies and the need to incorporate an international perspective in household decisions.

Physical map of Africa

Political map of Africa